MC-FT-WVES222.

1-1
Requirements for this paper/Benodighede vir hierdie vraestel: Resources/Hulpmiddels:

Answer Scripts/ Multi-choice cards (A4)/

Antwoordskrifte: X Multikeusekaarte (A4)
Attendance Slips (Fill-in Paper)/ Graph Paper/
Presensiestrokies (Invulvraestel): GrafiekPapier
Scrap Paper/ Calculators/
Rofwerkpapier Sakrekenaars
Multi-choice cards (A5)/ Laptop (Power not provided)/
Multikeusekaarte (A5) Skootrekenaar (Krag word nie voorsien nie)

Type of Assessment/ Duration/ 1 Hrs 30 Min

Tipe Assessering:
Exam Opportunity:1 Tydsduur:

Paper Number/ Maximum Marks/ 50

1
Vraestel Nommer: Maksimum Punte:

Module Code/ Module Description/

WVES222 UNDERSTANDING THE WORLD OF ECONOMIC AND MANAGEMENT SCIEN
Modulekode: Module Beskrywing:

Examiner(s)/ Dr D Fourie-VC;Dr A Litheko-MC;Prof Date/

Eksaminator(e): Mark Rathbone-PC; 2022/11/18
Datum:

Time/
Tyd: 09:00
Internal/Interne
Prof A Verhoef-PC;
Moderator(s): Qualification/
Kwalifikasie: B.Com
External Moderator(s)/ N/A
Eksterne Moderator(s):

Submission of answer scripts/Inhandiging van antwoordskrifte: ORDINARY

 INSTRUCTIONS

1. Number each question clearly.

2. Answer all the questions in the question paper.
3. Make sure your personal details appear on the answer sheet.
4. Write neatly and systematically (so use headings and sub-headings).
5. Answer all the questions in the given answer book(s).
7. Hand in your answer book before leaving the room.

Question 1

1.1 Identify and critically discuss how cryptocurrencies such as Bitcoin prominently feature some of the

aspects of classical economic theory and specifically the work of Adam Smith.
[10]

1.2 Critically discuss how Smith’s notion of sympathy could become an important part of limiting or decreasing
criminal activity using cryptocurrency
[5]

Question 2

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T
2.1 Ngugi uses the metaphor of the cultural bomb to refer to the destruction of culture and inferiority caused

by colonialism in Kenia. Critically discuss the relevance of the quote from The River Between for the
cultural identity of the Kenyan people.
[6]

2.2 Explain why the cultural bomb is bad for the economy of a country.
[4]

Question 3

3.1 Identify the bourgeoisie and the proletariat in the case study and provide a brief explanation for your

categorization.
[4]

3.2 Critically discuss Marx’s concepts of alienation and exploitation within capitalism by referring to the case
study above.
[6]

Question 4
b

4.1 Critically discuss the phenomenon of xenophobic (fear of the stranger) violence during times of economic

hardship in South Africa from the perspective of Mbembe’s commandment.

[5]

4.2 Explain what Black Consciousness is according to Steve Biko.

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 [5]

4.3 Explain why an understanding of Black Consciousness could be important for responsible business
practices in South Africa.
[5]

TOTAL: 50
File reference: 8.1.7.2.2

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