Africa's economy

Which resource is mainly responsible for South Africa's economic gain?

• Oil

• Gold/Diamonds

• Coal

• Cocoa beans

Which resource is mainly responsible for Nigeria's economic gain?

• Gold

• Bananas

• Oil

• Timber

Why did the U.S place an embargo on South Africa during apartheid?

What are the largest economic issues in South Africa?

• Inequality

• Oil refining

• Unemployment

• Disease

• Theft

Which of the following is NOT an advantage in South Africa's economy?

• Mining

• Oil refining

• Manufacturing

• Banking

Most African economies are _________ economies

• Mixed

• Command

• Market

In both South Africa and Kenya...

• The government contains little to know control over the economy

• The government controls some of the major industries

• Th government contains full control

• None of the following

Which statement about South Africa's economy is correct?

• South Africa has a mixed, primarily market leaning economy with some command elements

• South Africa has a mixed economy with no elements of command

• South Africa has a command economy

• South Africa has a traditional, custom-based economy with some market elements.

A _________ economy has elements of both command and market economies.

A tax placed on imported goods is a ...

• Doesn't exist

• Embargo

• Quota

• Tariff