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Summary Economics notes for grade 12's
Economic notes for grade 12 learners
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Geography terms page 250-312: Sector: One part or component of a larger system.
Extractive: Deriving products from nature.
Economy: A country’s (or households) income and how it is spent.
GDP (gross domestic product): A total value of a country’s output
during a year.
Pastoral farming: The raising of animals such as cattle, sheep and
goats.
Agriculture: Farming, the use of the land to grow crops and rear
animals.
Hydroponic farming: Growing plants without soil.
Communal farming: Food production on the land that is owned by a
group often living there.
Food security: A condition in which people have and can afford safe
and nutritious food for a healthy life.
Food insecurity: A condition in which people do not have enough
nutritious food and do not know where there next meal may come
from.
Thermal gradient: The rate at which rock temperature increases with
increasing depth at the surface.
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