
Africa's Economic Systems Comprehension Check
Flashcard
•
Geography
•
7th Grade
•
Practice Problem
•
Hard
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6 questions
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1.
FLASHCARD QUESTION
Front
In a traditional economy, economic decisions are made based on what?
Back
customs, traditions and beliefs of the past
2.
FLASHCARD QUESTION
Front
In a command economy, economic decisions are made based on what?
Back
the government
3.
FLASHCARD QUESTION
Front
Who owns all property and resources in a pure market economy?
Back
Private citizens
4.
FLASHCARD QUESTION
Front
What type of economic system is found in South Africa, Nigeria and Kenya?
Back
mixed
5.
FLASHCARD QUESTION
Front
Which African country has the strongest economy?
Back
Nigeria
6.
FLASHCARD QUESTION
Front
Which resource is the most important to Nigeria's economy?
Back
oil
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