Africa Government and Economics

US, Japan, Somalia, and South Korea

Which country would have the largest need for educational improvements?

• USA

• Japan

• Somalia

• South Korea

The Economic Community of West African States- ECOWAS- was established in 1975.

Comprised of 15 members, its main goal is the promotion of the economic integration among its members.

Which of the following would you MOST expect the Economic Community of West African States to support?

• eliminating tariffs between member countries

• increased funding for oil exploration

• sanctions against member countries

• war against East African states

• Producers and consumers own the factors of production
• Custom and habit answer the question of who, what and how to produce
• Outside trade and commerce is discouraged
• Roles within the community are defined by custom and gender

What type of economic system is described?

• Market

• Command

• Mixed

• Traditional

Why is it important for a government to invest in human capital?

• A country’s economy is more successful when workers have good education.

• Businesses cannot do all the training needed by workers to be successful.

• Workers enjoy getting extra training and job opportunities.

• A country needs money in order to pay its workers.

Investment in Capital Goods means investing in:

• Healthcare, Education and Training

• Agricultural Chemicals

• Machines, Tools, Equipment, and Technology

• Space travel and exploration

Why do countries impose embargoes?

• to keep imported goods from being cheaper than similar goods produced in that nation

• to punish that nation's economy for political power

• to keep local goods from being cheaper than imported goods

• to make sure all goods are priced equally regardless of where they come from

Citizens elect legislators; legislature appoints head of government - usually Prime Minister

• Presidential Democracy

• Parliamentary Democracy

• Autocratic Monarchy

• Communist Oligarchy

How is the president of South Africa chosen?

• He is appointed by the king.

• He is chosen by the country's religious leaders.

• He is elected by the people in a national election.

• He is elected by the National Assembly (Parliament).

Kenya & Nigeria: Presidential Democracy :: South Africa: _______________.

• Absolute Monarchy

• Parliamentary Democracy

• Federal Republic

• Constitutional Monarchy

If a country has experienced government instability and unequal distribution of resources, they most likely:

• will experience wealth and prosperity as a result.

• will have a low unemployment rate and increased investment in human capital.

• will suffer from famine and disease.

• will have greater access to education