Africa Economics

Quiz
•
History
•
7th Grade
•
Medium
Ms C
Used 572+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In a traditional economy, how are economic decisions made? In a traditional economy, how are economic decisions made?
Custom and habit
Government leaders
Consumers and planners
Combination of consumers and producers
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Who takes on the financial risk in starting a new business in a market economy?
Consumers
Government planners
Individual business people
Combination of planners and investors
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is South Africa’s main export
Oil
Textiles
Gold and diamonds
Agricultural products
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which country has the largest per capita GDP
Nigeria
South Africa
GDP information is not available
The GDPs are almost all the same.
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
How does voluntary trade help the economy
Voluntary trade mean prices will always be low.
Voluntary trade only works when tariffs are in place.
This sort of trade involves many government regulations
It encourages specialization and usually means more profit.
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Why did a number of the countries of the United Nations have an embargo on South Africa?
South Africa refused to take part in international trade.
They wanted South Africa to end its system of apartheid.
Some were hoping for better oil deals from the South African government.
They wanted South Africa to lower the world price of gold and diamonds.
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which is part of a country’s human capital?
Skills and knowledge workers have
Taxes collected from a country’s workers
Money paid to workers for producing goods
The amount of goods sold in foreign trade in a year.
Create a free account and access millions of resources
Similar Resources on Wayground
12 questions
African Kingdoms

Quiz
•
6th - 8th Grade
10 questions
African History

Quiz
•
7th Grade
15 questions
Africa Unit Quarter 3 Review

Quiz
•
6th - 8th Grade
12 questions
Chap. 11 & 12: African Geography & Culture Vocab

Quiz
•
7th Grade
10 questions
Spanish Explorers

Quiz
•
6th - 8th Grade
15 questions
Chinese History Review

Quiz
•
6th - 12th Grade
15 questions
Apartheid Review

Quiz
•
7th Grade
15 questions
WHII.7 - Empires of Africa

Quiz
•
6th - 12th Grade
Popular Resources on Wayground
15 questions
Hersheys' Travels Quiz (AM)

Quiz
•
6th - 8th Grade
20 questions
PBIS-HGMS

Quiz
•
6th - 8th Grade
30 questions
Lufkin Road Middle School Student Handbook & Policies Assessment

Quiz
•
7th Grade
20 questions
Multiplication Facts

Quiz
•
3rd Grade
17 questions
MIXED Factoring Review

Quiz
•
KG - University
10 questions
Laws of Exponents

Quiz
•
9th Grade
10 questions
Characterization

Quiz
•
3rd - 7th Grade
10 questions
Multiply Fractions

Quiz
•
6th Grade
Discover more resources for History
15 questions
Hersheys' Travels Quiz (AM)

Quiz
•
6th - 8th Grade
20 questions
PBIS-HGMS

Quiz
•
6th - 8th Grade
30 questions
Lufkin Road Middle School Student Handbook & Policies Assessment

Quiz
•
7th Grade
17 questions
MIXED Factoring Review

Quiz
•
KG - University
10 questions
Characterization

Quiz
•
3rd - 7th Grade
20 questions
Guess The Cartoon!

Quiz
•
7th Grade