SS7E1, SS7E2

60% Free 40% Command

• Nigeria

• South Africa

• Kenya

• Sudan

65% Free 35% Command

• Nigeria

• South Africa

• Kenya

• US

50% Free 50% Command

• South Africa

• Kenya

• Nigeria

Countries that have mixed economies

• Nigeria

• South Africa

• Kenya

Citizens are free to own properties and start businesses in these 2 countries

• Nigeria

• Kenya

• South Africa

• Sudan

2 most important industries in the Nigerian economy and is controlled by the government

• Timber

• Oil

• Agriculture

• Coffee

In the Kenya economy the govt controls the electricity, banking, mining and oil refining industries

• False

• True

High level of corruption has hurt the Kenya govt

• True

• False

Largest producer of gold and diamonds

• Nigeria

• South Africa

• Kenya

In a market economy, economic decisions are based on....

• government planning

• traditions

• supply and demand