NAMIBIA SENIOR SECONDARY CERTIFICATE
ECONOMICS ORDINARY LEVEL
4347/2
PAPER 2
2 hours
Marks 80
2013
Additional Materials: Answer Book
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INSTRUCTIONS AND INFORMATION TO CANDIDATES
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Write your answers in the separate answer book provided.
Write your Centre Number, Candidate Number and Name in the spaces on all the work you hand in.
Write in dark blue or black pen.
You may use a soft pencil for any diagrams, graphs and rough working.
Do not use correction fluid.
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Answer four questions.
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The number of marks is given in brackets [ ] at the end of each question or part question.
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This document consists of 3 printed pages and 1 blank page.
Republic of Namibia
MINISTRY OF EDUCATION
© MoE/DNEA
4347/2/13
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[Turn over
2
Answer any four questions.
1
Uranium mining in the Namib Naukluft Park increased when several mines started
explorations during the past few years. Environmentalists are concerned about the
impact and external costs that mines might have on the park as a tourist destination.
(a) (i) Explain the factor of production under which uranium will be classified.
[2]
(ii) Describe the economic sectors in which mining and tourism will be operating. [4]
(b) Explain opportunity cost and use the above extract to illustrate your answer.
[7]
(c) Examine whether the conservation of the Namib Naukluft Park, should be in the
hands of government or private individuals.
[7]
[20]
2
Many countries such as Russia, that previously had a centrally planned economic
system, changed to a mixed economic system. This included aspects of the free
market economic system, bringing along with it major changes that neither the
government nor the consumers could adapt to very easily.
(a) What are the features of a centrally planned economic system.
[6]
(b) Explain why these centrally planned economies might have changed their
economic system.
[7]
(c) Consider possible reasons why the government and the consumers might have
had problems to adapt to the mixed economic system.
[7]
[20]
3
Vacancies for the positions of a taxi driver and a production engineer were advertised.
(a) Outline six methods that might have been used to advertise the above vacancies.[6]
(b) Explain the reasons that might have encouraged people to apply for the position
of a taxi driver.
[7]
(c) Why might the production engineer earn higher wages than the taxi driver?
[7]
[20]
4
Millions of Namibian dollars were invested by a German company in the establishing
of Ohorongo Cement. This increased the much needed supply of cement in Namibia.
The government welcomed this investment but laid down laws to regulate the cement
industry.
(a) Outline reasons why the government might have welcomed this investment.
[6]
(b) Discuss why specialisation in cement production may benefit Ohorongo Cement
and its employees.
[7]
(c) Why might the building industry have reacted positively to the establishment of
Ohorongo Cement?
[7]
[20]
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5
The unemployment rate in Namibia is more than 35% and this is the greatest
challenge facing Namibia. The government urged the private sector to help to
address this challenge and increase national income.
(a) Describe the possible reasons why the unemployment rate in Namibia is high.
[6]
(b) Examine three reasons why the government measures national income.
[7]
(c) Apart from unemployment figures, discuss other factors which influence the
standard of living in Namibia.
[7]
[20]
6
Governments are responsible for building and maintaining infrastructure. This
provides vital job opportunities for workers, which can influence their saving and
spending patterns. These projects are sometimes capital intensive.
(a) (i) Describe infrastructure and name examples of infrastructure.
(ii) Outline the possible benefits of making use of capital intensive methods.
(b) What factors might influence a person’s ability to spend.
[2]
[4]
[7]
(c) Why do you think governments should be involved in the provision of
infrastructure?[7]
[20]
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