Grade 7 EMS Term 3 Test 2 + Memo
About this resource
Help your Grade 7 learner prepare for their Term 3 Economic and Management Sciences (EMS) assessment with this 50-mark practice test, complete with a full memorandum. The test has a duration of 1 hour and focuses on entrepreneurship, business concepts, advertising, income and poverty.
The test covers:
- Entrepreneurs and entrepreneurial characteristics
- Formal and informal businesses
- Manufacturing and trading
- Fixed and variable costs
- Needs and wants
- Skilful buying
- SMARTER goals
- Advertising principles
- AIDA model
- Advertising media
- SWOT analysis
- Strengths, weaknesses, opportunities and threats
- Income and expenditure
- Calculating profit
- Reasons for differences in income
- Education, employment and the poverty trap
The paper includes multiple-choice, true or false, matching, short-answer questions, calculations, case studies and paragraph writing, providing learners with varied assessment practice.
Learners complete a practical SWOT analysis for a healthy lunchbox delivery business and work with an income and expenditure statement to calculate total income, expenses and profit.
The final section explores why people earn different incomes and how education can help people escape the poverty trap.
Total: 50 marks | Duration: 1 hour | Full memorandum included | PDF format.
Buying for a class?
Classroom and multi-learner licensing is available for every resource and bundle — tell us the grade and learner count and we’ll quote you.
Ask about classroom licensing