<< Chapter < Page Chapter >> Page >

Economic and management sciences

Grade 7

Economic policy direction (1910 – 1994)

Module 13

Restoring socio-economic imbalances

1. Economic growth

In a developed economy most of the citizens make a contribution of some kind. In South Africa many citizens do not form part of the working fraternity. People can only join the work force if they possess a certain degree of knowledge and skills. Inhabitants who form part of a working fraternity earn more money and the general standard of living in such families is higher. A low family income is often the reason why a large percentage of school leavers have to forgo suitable training and the acquisition of the necessary skills.

It will require a lot of planning and dedication on the part of all role-players to create opportunities for as many people as possible to contribute to South Africa’s economic growth. Entrepreneurship should be encouraged, labour must be focussed and productive, and labourers must be properly schooled. Even if the government passes laws to provide the necessary structures, only the inhabitants of the country themselves can really make the economy grow.

2. Ubuntu

Everybody must become involved and greed must be replaced with feelings of human fellowship. Growth is possible only where there is a spirit of unselfishness. South Africa needs Ubuntu.

UBUNTUCase Study: Joseph’s Story

Joseph was born in Transkei 30 years ago, as the fifth child in a family of eight. His father worked in a clothing factory and his mother stayed at home to care for the children. At the age of 22 Joseph decided to join his father in the big city and find a job. This would enable him to contribute to the family’s income and raise their standard of living. Just outside Cape Town Joseph and his wife moved into a wooden shack in another family’s back-yard. It was small and there was no privacy. In winter-time it was flooded, but Joseph would not give up and kept looking for a job.

One day, while walking along a main road, he came across a motorist who was having trouble with his car. As a child Joseph acquired some mechanical knowledge by watching while his uncle serviced other people’s cars to earn a living. He offered his help and it was not long before the motorist, Mr. Wall, could move on, but not before he had noted down Joseph’s particulars.

At a time when Joseph was getting rather despondent and thought that he would never find a job in the city, he received a call from Mr. Wall. His steel firm in Somerset West was opening a branch in Durbanville and Mr. Wall was looking for a handyman who could monitor and manage all the maintenance in the factory. He was so impressed by Joseph’s helpfulness and mechanical expertise that he invited him to come for an interview.

Before long Joseph was receiving in service-training. He was sent for a driver’s licence so that he would also be able to do deliveries. The steel firm benefited from Joseph’s excellent and reliable services, and Joseph enjoyed some very good perks.

Early one morning, after only three months in his first job, Joseph was struck down in a taxi cross-fire. He was severely injured and had to spend four months in hospital until the reconstructive surgery was completed. Mr. Wall’s steel firm, knowing all about Josephs qualities, in the meantime employed Joseph’s wife to help the family survive. Since then Joseph has been back at work on a full-time basis, although Mr. Wall had to make certain amendments to his job description, for due to his injury he was no longer allowed to lift heavy objects. Mr. Wall also started training Thandi, his wife, to help with administrative tasks.

Questions & Answers

what is defense mechanism
Chinaza Reply
what is defense mechanisms
Chinaza
I'm interested in biological psychology and cognitive psychology
Tanya Reply
what does preconceived mean
sammie Reply
physiological Psychology
Nwosu Reply
How can I develope my cognitive domain
Amanyire Reply
why is communication effective
Dakolo Reply
Communication is effective because it allows individuals to share ideas, thoughts, and information with others.
effective communication can lead to improved outcomes in various settings, including personal relationships, business environments, and educational settings. By communicating effectively, individuals can negotiate effectively, solve problems collaboratively, and work towards common goals.
it starts up serve and return practice/assessments.it helps find voice talking therapy also assessments through relaxed conversation.
miss
Every time someone flushes a toilet in the apartment building, the person begins to jumb back automatically after hearing the flush, before the water temperature changes. Identify the types of learning, if it is classical conditioning identify the NS, UCS, CS and CR. If it is operant conditioning, identify the type of consequence positive reinforcement, negative reinforcement or punishment
Wekolamo Reply
please i need answer
Wekolamo
because it helps many people around the world to understand how to interact with other people and understand them well, for example at work (job).
Manix Reply
Agreed 👍 There are many parts of our brains and behaviors, we really need to get to know. Blessings for everyone and happy Sunday!
ARC
A child is a member of community not society elucidate ?
JESSY Reply
Isn't practices worldwide, be it psychology, be it science. isn't much just a false belief of control over something the mind cannot truly comprehend?
Simon Reply
compare and contrast skinner's perspective on personality development on freud
namakula Reply
Skinner skipped the whole unconscious phenomenon and rather emphasized on classical conditioning
war
explain how nature and nurture affect the development and later the productivity of an individual.
Amesalu Reply
nature is an hereditary factor while nurture is an environmental factor which constitute an individual personality. so if an individual's parent has a deviant behavior and was also brought up in an deviant environment, observation of the behavior and the inborn trait we make the individual deviant.
Samuel
I am taking this course because I am hoping that I could somehow learn more about my chosen field of interest and due to the fact that being a PsyD really ignites my passion as an individual the more I hope to learn about developing and literally explore the complexity of my critical thinking skills
Zyryn Reply
good👍
Jonathan
and having a good philosophy of the world is like a sandwich and a peanut butter 👍
Jonathan
generally amnesi how long yrs memory loss
Kelu Reply
interpersonal relationships
Abdulfatai Reply
Got questions? Join the online conversation and get instant answers!
Jobilize.com Reply

Get Jobilize Job Search Mobile App in your pocket Now!

Get it on Google Play Download on the App Store Now




Source:  OpenStax, Economic and management sciences grade 7. OpenStax CNX. Sep 10, 2009 Download for free at http://cnx.org/content/col11025/1.1
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'Economic and management sciences grade 7' conversation and receive update notifications?

Ask