Economics (EMS) Exam

This test is out of 50 marks. it is in word document, therefore you can make changes to the test. The content in the test includes  Terminology p. 95
 Goods p. 28
 Bartering p. 4
 Manufacturing businesses p. 41
 Consumers p. 30
 Expenses p. 55
 Promissory note p. 6
 Currency p. 2
 Cowrie shells p. 8
 Capital p. 52
 Transactions p. 62
 Activity 1.2 p. 29
 The effect of natural disasters on businesses p. 46
 Formal and informal businesses p. 38 – 39
 Keywords p. 34
 Income p. 56
 Keeping financial records p. 62
 Personal income p. 66
 Disadvantages of bartering p. 5
Activity 2.2 p. 89

The pages that are referred about are from the Spot On Economics and Management Sciences grade 7 learner book.