business cycle essay grade 12 pdf

Business Studies Grade 12 2018 Essays | Great Topics (South Africa)

Business Studies Grade 12 Essays | 2018, 2019, 2020 Topics (South Africa):

Table of Contents

Tips on answering Business Studies Essay Types of Questions

• Read through all the essay questions carefully
• Choose the two questions that you can answer best
• Write the question number on the top of the page
• The essay must have an introduction, body and conclusion
• Begin each essay by writing the word Introduction
• The body of the essay must be divided into paragraphs
• The heading for each paragraph is taken from the question.
• Ensure that all the bullets of the question forms part of the body of your essay
• Conclude your essay by writing the word conclusion, and a sentence, related to the topic, to conclude your essay.

Download Business Studies Grade 12 Exam Papers and Memos (2020, 2019, 2018, 2017) for free download. Prepare better for your grade 12 exams

Structure for Grade 12 Business Essay

Video tutorials on writing grade 12 business studies essays.

Hello Grade 12 Learners. Modern Classroom has everything for you needed to pass your matric exams, tests, assessments, research tasks and assignments under CAPS Curriculum . Feel free to explore all resources for grade 12, such as Study Guides, DBE Past Exam Papers with Memos , and Speech Topics . That’s if you want to know how to pass grade 12 with distinctions in South Africa Modern Classroom

Why passing Grade 12 is very important

Grade 12 ultimately prepares you for the real world out there, and most importantly matric is your ultimate gateway for varsity. You really need good marks in Grade 12 in order to pass well and study what you like . Good Grade 12 marks means good APS Score.

The calculation of an Admission Point Score (APS) is based on a candidate’s achievement in any SIX recognised National Senior Certificate 20-credit subjects (including subjects from the non-designated subject list, e.g. CAT , Tourism , Hospitality Studies and Civil , Electrical & Mechanical Technology , etc.), by using the NSC seven-point rating scale. Life Orientation is a 10-credit subject and may not be used for calculating the APS. Life Orientation is also not a faculty-specific subject requirement.

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• Teach your friends the subject you know the most. Teaching others makes you learn faster
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BUSINESS CYCLES AND FORECASTING QUESTIONS AND ANSWERS GRADE 12

• Define the term business cycle. (3)
• Indicate which indicator is represented by T. (2)
• What is measured by the horizontal axis? (2)
• At which point did the economy reach a peak and a trough? (4)
• Identify the four phases into which the business cycle is divided in the above illustration. (8)
• How is the length measured in the above business cycle? (2)
• Explain lagging and coincident indicators used in the forecasting of business cycles. (2 × 4) (8) [29]
• What is the message behind the cartoon? (2)
• Why do you think that unemployment will not lead to an economic lift off? (2)
• To which forecasting indicator does unemployment refer? (2)
• How would you describe the recovery phase of a typical business cycle? (2) [8]

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Activity 3 Discuss the monetarist approach as a cause of business cycles. [8]

Activity 4 Discuss the trend line in the forecasting of business cycles. [8]

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Business Cycle in Economy Essay

Appearing in last Sunday’s edition of New York Times, the article “Living on Minimum Wage” illustrates a picture of an American economy which is in the recovery phase in the business cycle. This paper illuminates some of the main ideas contained in the article.

Business cycle, also referred to as economic cycle, is a term mainly used by economics scholars and business practitioners to demonstrate the fluctuating movements (increasing or decreasing) of levels of the gross domestic product (GDP) in an economy over a particular period of time that may vary from several months to a number of years (Ball, 2009).

The recurring and fluctuating levels of the GDP an economy experiences over a certain time frame are grouped into five phases for ease of analysis – growth (economic expansion), peak, recession (economic contraction), trough and recovery (McConnell, 2009; Romer, 1999).

From the article, it is clear that the United States economy suffered under the 2008 financial crisis and many economic pundits viewed the crisis as a major triggering force for the economic contraction that was witnessed in many economies of the developed world.

The author of the article acknowledges that “the recession took middle-class jobs, and the recovery has replaced them with low-income ones, a trend that has exacerbated income inequality” (Lowrey, 2013 para. 2). The shift from middle-class jobs to low-income jobs, according to Romer (1999) is a viable indicator of the economic fluctuations in the business cycle over time.

Another major theme in the article is President Obama’s concept of stimulating the federal minimum wage in his economic proposal by increasing the minimum wage from $7.25 an hour (current) to at least $9 to lift numerous American families above the poverty line (Lowrey, 2013).

As demonstrated in the relevant economics literature, the recovery phase in the business cycle is typified by improvement in customer’s optimism of the market, low bank lending rates, growth of companies due to capacity to finance projects, enhanced productivity due to better aggregate demand of the economy, increased production that allows organizations to start recruiting new workers, and increased income of consumers who can now manage to buy capital goods (Ball, 2009; McConnell, 2009; Romer, 1999).

Although the other variables have not been addressed in the article, the proposed increase in the minimum wage by President Obama demonstrates an economy that is in its recovery phase after the financial crisis.

As illustrated in the article, there has been opposing views about President Obama’s proposal to raise minimum wages, with some conformists and economics experts saying that raising the costs of recruiting new workers results in few workers whereas other pundits suggest that minimum wage increment does not necessarily result in companies shedding workers because it helps minimize turnover (Lowrey, 2013).

These are valid arguments that business people need to be aware of as they make critical organizational decisions since they reflect the uncertainties of the recovery phase. However, according to available literature, the profit margins of American companies will begin to rise, and the GDP will also start to expand during the recovery phase (McConnell, 2009), hence the need to reciprocate by raising the minimum wages of workers in the lowest echelons of the economy.

Ultimately, therefore, President Obama’s proposal to raise the minimum wages as demonstrated in the article may be somewhat rushed because the American economy was in bad shape and the uncertainties of the future are still hanging on the minds of business practitioners as they re-engineer their companies to start making profits. However, it is the right thing to do because the United States economy is slowly recovering from the effects of the recent global recession.

Ball, L. M. (2009). Money, Banking, and Financial Markets. New York: Worth Publishers.

Lowrey, A. (2013). Living on minimum wage. New York Times .

McConnell, C. R. (2009). Economics: Principles, Problems, and Policies. Boston: McGraw-Hill Irwin.

Romer, C.D. (1999). Changes in business cycles: Evidence and explanations. Journal of Economic Perspectives, 13( 2), 23-44. Web.

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IvyPanda. (2022, August 16). Business Cycle in Economy. https://ivypanda.com/essays/business-cycle-in-economy/

"Business Cycle in Economy." IvyPanda , 16 Aug. 2022, ivypanda.com/essays/business-cycle-in-economy/.

IvyPanda . (2022) 'Business Cycle in Economy'. 16 August.

IvyPanda . 2022. "Business Cycle in Economy." August 16, 2022. https://ivypanda.com/essays/business-cycle-in-economy/.

1. IvyPanda . "Business Cycle in Economy." August 16, 2022. https://ivypanda.com/essays/business-cycle-in-economy/.

Bibliography

IvyPanda . "Business Cycle in Economy." August 16, 2022. https://ivypanda.com/essays/business-cycle-in-economy/.

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Business Studies Grade 12 Study Notes Pdf Download

Need to ace your business studies grade 12 final exams get the best notes here.

Now that you’re in Grade 12, your Business Studies courses are going to become a lot more intense and challenging. You’ll need to study harder than ever before if you want to make the most of your final year of high school.

It isn’t too late to start reading and studying harder now than ever before! Get the best Business Studies Grade 12 study Notes to ace the final exam and get a high mark. The business studies final exam is challenging, but if you revise all the topics you studied in class and take practice tests, you can do well.

To help you get ready for your final exams for Grade 12 Business Studies, we’ve compiled some fantastic resources that cover all the topics you need to know. With these study guides and practice tests, you’ll be able to ace your final exams with ease!

You can use Grade 12 Business Studies notes to get ready for the final exam and ace it with flying colors. These are comprehensive notes from all areas of business studies that will help you succeed in your final exams and beyond.

Table of Contents

What are Business Studies Grade 12 Study Notes?

Business Studies Grade 12 Notes are a compilation of all the important concepts that you need to know for the Grade 12 Business Studies exam. The Business Studies Grade 12 study Notes provide an overview of the key topics covered in the Business Studies Grade 12 course.

The notes include key concepts, diagrams, and examples to help students understand the material. The Business Studies Grade 12 Notes are a valuable resource for students preparing for exams or completing assignments.

How Download Business Studies Grade 12 Study Notes Pdf

The Business Studies Grade 12 Study Notes pdf can be accessed online through various websites. However, it is advisable to download the pdf from a reputable website so that the quality of the study material is not compromised.

Business Studies Grade 12 Notes are available online and can be accessed from any device with internet access. You can use the download links available on this page to download these notes in pdf format.

Grade-12-Business-Studies-Leaner-Resource-Material Download

2020-Gr-12-Term-2-BSTD-Revision-Booklet-Final-1 Download

List of Business Studies Revision Notes Grade 12 in pdf format

Industrial Analysis Tools   Notes

• Business-Studies-Grade-12-Term-1-Week-7_2021 Download

B usiness Strategies   Notes

• Business-Studies-Grade-12-Term-1-Week-6_2021 Download

Creative Thinking & Problem-Solving   Notes

• Business-Studies-Grade-12-Term-1-Week-5-2021-1 Download

Professionalism & Ethics   Notes

• Business-Studies-Grade-12-Term-1-Week-4_2021 Download

Human Resources Function

• Business-Studies-Grade-12-Term-1-Week-4_2021-1 Download

The Grade 12 Business Studies Notes will be saved on your device and can be accessed at any time. These can also be printed or saved for later.

Where to access the Business Studies Grade 12 Study Notes Pdf Additional resources

If you’re looking for additional study notes for grade 12 business studies, there are a few different places you can look.

• One option is to check out websites like Course Hero, your local department of basic education website , which offer a variety of resources that can be helpful for students studying for exams.
• Another option is to contact your teacher or professor and ask if they have any recommended resources.
• Additionally, your school’s library is likely to have a selection of study guides and notes that you can use.
• Finally, don’t forget to search online – there are many free resources available that can help you study for your exams.

The best Business Studies notes cover all the topics on the final exam. That way you can get an A* grade when you complete the exam. When it comes to learning Business Studies, these notes will help you. To get the most out of these notes, you should try to study them with a tutor.

These notes will give you the foundation for understanding the essential concepts of Business Studies. You can revise these notes as many times as you wish to get the best possible score. You must read each note carefully, as there are many concepts that are covered in these notes. You can use these notes to help prepare for the final exam and will prepare you for success.

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