ESTION 1
2024GRADE10SBAPRESENTATIONTERM2
Conduct a research in your community on the negative impact of strikes as a socio-
economic issue on businesses and present
your findings.
paint fm all
(5)
Interview a business owner in your local community on initiatives that he/she has
ndertaken
to address unemployment as a socio
-economic issue
and provide evidence of the interview.
Read the scenario below and answer the questions that follow
AMA MANUFACTURERS
(JM)
(5)
Jama is an unemployed youth trying to support his family. He fraudulently manufactured
and distributed
products that are less than the value of the original product. He has many
customers who support his illegal business.
1.3.1 Identify the socio-economic issue that is practiced by JM. Motivate your answer (2)
by quoting from the scenario above.
1.3.2 Explain the negative impact of the socio-economic issue identified in
TION 1.3.1 1.4
Discuss the impact of inequality and poverty on businesses.
(3)
(5)
ON 2



Answer :

Final answer:

Explains how fraudulent practices impact businesses and the role of poverty and inequality in affecting local businesses.


Explanation:

Identifying the Socio-Economic Issue:

Jama's fraudulent manufacturing and distribution of products at a lower value than the original showcases economic exploitation within the community.

Negative Impact:

Such practices lead to decreased quality, loss of consumer trust, and undermining of legitimate businesses, contributing to a weakened local economy.

Inequality and Poverty Impact:

Increased inequality and poverty can hinder businesses' growth opportunities, limit consumer spending power, and perpetuate economic disparities in the community.


Learn more about impact of fraudulent practices on businesses here:

https://brainly.com/question/32100272


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