1.2 The level of skills training of the population and the productivity of labour play an important role in South Africa’s ability to satisfy the needs of its inhabitants. Distinguish between the different levels of skills in South Africa. (15)
2.1 Money is the means whereby human needs are satisfied. It is also known as a means of payment. Money can be called or viewed by various concepts. What are the various concepts (names) associated with money? (15
2.2 The franchise (grant) agreement has several advantages to the franchise holder (franchisee). Elaborate on the advantages for the franchisee.
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