The following work needs to be done in one period. I will mark your book at the end.
STEP 1: Write the definition down of productivity on page 48 paragraph 1 line 1.
STEP 2: Write the following in the front of your workbook:
Productivity is influenced by the following:1. How an entrepreneur manages the work.
2. Producing more with less resources e.g. 4 factors of production.
STEP 3: Read on page 48 The effect of productivity.
STEP 4: Write the following:
South Africa's labour productivity is low in comparison to rest of the world.
The cost versus the output is high.
Factors that influences the productivity:
(Write the list down on page 49)
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