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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Identify, discuss, describe and compare major economic systems, with emphasis on the South African economy 
SAQA US ID UNIT STANDARD TITLE
13996  Identify, discuss, describe and compare major economic systems, with emphasis on the South African economy 
ORIGINATOR
Interim SGB for Business, Commerce, Mgmnt Studies 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Generic Management 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
ABET Level 4  Regular  Level 1  NQF Level 01 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 
2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2026-06-30   2029-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
A candidate credited with this general competence will be able to: identify and discuss major economic systems, with reference to the South African economy and the role of the individual within the economic system. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
ABET Level 3. 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Identify and discuss major economic systems. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Different economic systems are identified and explained. 
ASSESSMENT CRITERION RANGE 
Capitalism, Communism, Socialism, Mixed
 

ASSESSMENT CRITERION 2 
2. Characteristics of economic systems are compared. 
ASSESSMENT CRITERION RANGE 
Capitalism, Communism, Socialism, Mixed
 

ASSESSMENT CRITERION 3 
3. Advantages and disadvantages of different economic systems are discussed. 

ASSESSMENT CRITERION 4 
4. The impact of economic systems on local communities is explained. 
ASSESSMENT CRITERION RANGE 
Employment, choice of products, prices, etc.
 

SPECIFIC OUTCOME 2 
Discuss the role of the individual within the local economic system. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Individual economic rights within the communities. 
ASSESSMENT CRITERION RANGE 
Consumer rights, trading rights, etc.
 

ASSESSMENT CRITERION 2 
2. Individual responsibilities within the communities are expressed. 
ASSESSMENT CRITERION RANGE 
Environmental issues, payment of rates and levies, etc.
 

ASSESSMENT CRITERION 3 
3. The roles and functions of community leaders are discussed. 
ASSESSMENT CRITERION RANGE 
In churches, in local government, in schools etc.
Lead community, facilitate development in community, etc.
 

SPECIFIC OUTCOME 3 
Discuss economic systems with special reference to the South African Economy. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The elements of a mixed Economic System are explained. 
ASSESSMENT CRITERION RANGE 
Government interventions, import - export control, labour laws, etc.
 

ASSESSMENT CRITERION 2 
2. The main features of the South African Economic System is discussed. 
ASSESSMENT CRITERION RANGE 
Migrant labour, export orientation, import of finished goodst; Primary industries, etc.
 

ASSESSMENT CRITERION 3 
3. The influence of government on the South African Economy is explored. 
ASSESSMENT CRITERION RANGE 
Diminishing role, welfare services, development and RDP, local government, etc.
 

ASSESSMENT CRITERION 4 
4. The role of the informal sector on the South African Economy is discussed. 
ASSESSMENT CRITERION RANGE 
Job creation, taxes, new enterprises, etc.
 

ASSESSMENT CRITERION 5 
5. The factors impacting on the South African Economy is discussed. 
ASSESSMENT CRITERION RANGE 
Reliance on foreign investment, emerging market, etc.
 


UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
Exchange rates
Constitution and Human rights. 

UNIT STANDARD DEVELOPMENTAL OUTCOME 
1. Reflecting on and exploring a variety of strategies to learn more effectively;
2. Participating as responsible citizens in the life of local, national and global communities;
3. Being culturally and aesthetically sensitive across a range of social contexts;
4. Exploring education and career opportunities; and
5. Developing entrepreneurial opportunities. 


Critical Cross-field Outcomes (CCFO): 

UNIT STANDARD CCFO IDENTIFYING 
Identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made. 

UNIT STANDARD CCFO WORKING 
Work effectively with others as a member of a team, group, organisation and community. 

UNIT STANDARD CCFO ORGANISING 
Organise and manage oneself and one`s activities responsibly and effectively. 

UNIT STANDARD CCFO COLLECTING 
Collect, analyse, organise and critically evaluate information. 

UNIT STANDARD CCFO COMMUNICATING 
Communicate effectively using visual, mathematical and/or language skills in the modes of oral and/or written presentation. 

UNIT STANDARD CCFO SCIENCE 
Use science and technology effectively and critically, showing responsibility towards the environments and health of others. 

UNIT STANDARD CCFO DEMONSTRATING 
Demonstrate an understanding of the world as a set of related systems by recognising that problem-solving contexts do not exist in isolation. 

REREGISTRATION HISTORY 
As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
  ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
Core  24153   General Education and Training Certificate: Adult Basic Education and Training  Level 1  NQF Level 01  Passed the End Date -
Status was "Reregistered" 
2008-09-13  Was ETDP SETA until Last Date for Achievement 
Core  23253   National Certificate (GETC): Manufacturing, Engineering and Related Activities  Level 1  NQF Level 01  Passed the End Date -
Status was "Reregistered" 
2023-06-30  MERSETA 
Elective  71751   General Education and Training Certificate: Adult Basic Education and Training  Level 1  NQF Level 01  Passed the End Date -
Status was "Reregistered" 
2023-06-30  As per Learning Programmes recorded against this Qual 
Elective  73249   General Education and Training Certificate: Adult Basic Education and Training: Academic Curriculum  Level 1  NQF Level 01  Reregistered  2028-06-30  UMALUSI 
Elective  20183   National Certificate: Banking  Level 2  NQF Level 02  Passed the End Date -
Status was "Reregistered" 
2015-06-30  BANKSETA 
Elective  20288   National Certificate: Farming  Level 2  NQF Level 02  Passed the End Date -
Status was "Reregistered" 
2023-06-30  AgriSETA 


PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
 
1. College of Cape Town - Athlone Campus 
2. FALSE BAY TECHNICAL VOCATIONAL EDUCATION & TRAINING COLLEGE 
3. Hot To Go Training College and Services 
4. In House Media Instruction 
5. Leronsa Trading Enterprise 
6. Mananthatshema Skills Dev. Centre 
7. Mbimbini Training and Community Development 
8. Mposa Institute For Dairy Technology 
9. Nedbank Ltd 
10. Northlink College 
11. Professional Development and Training Institute (Pty) Ltd 
12. SEOPOSENGOE TRAINING CONSULTANCY CC 
13. Setlakala Business Development 
14. Siyasanga Training Centre 
15. South Cape Public FET College - George Campus 
16. South West Gauteng Tvet College 
17. Tembe Service Providers 



All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.