Africa's Economic Systems

Africa's Economic Systems

7th Grade

15 Qs

quiz-placeholder

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Africa's Economic Systems

Africa's Economic Systems

Assessment

Quiz

Social Studies

7th Grade

Medium

Created by

Ashley Lay

Used 11+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1. What does South Africa specialize in producing?

energy resources

food products

manufactured goods

precious metals

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

2. How would you describe South Africa's economy?

Market leaning

Command leaning

Traditional

None of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

3. Which economic system is being described below? *

All economic decisions are made by the government.

Government owns most properties.

Government sets the price of sold goods.

Government plans what goods/services to produce.

Traditional

Market

Command

None of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

4. Why is specialization so valuable to international trade today? *

Specialization drives the prices up of imported goods.

Specialization allows people to do a more efficient job at producing what they make best.

Specialization limits the amount of agriculture within a country.

Specialization does not make a difference in international trade.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

5. Tariffs and quotas are alike because they both:

increase free trade between countries

tax and limit trade between countries

make free trade easier between countries

Clear selection

completely stop trade between countries

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

6. The United Nations opposed the Apartheid system and placed an embargo on which African country in response to it?

Kenya

Nigeria

DROC

South Africa

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

7. When the government decides to impose a quota, it places a limit on ...

people's incomes

renewable resources

imported goods

people coming into the country

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