Africa- Economic Growth SS7E3

Which is an example of entrepreneurship?

• Tre volunteers at a local nursing home that is in need of help.

• Peter got a job at a mechanic's shop repairing cars and trucks.

• Sarah does her chores every day in order to earn her allowance. D.

• Jemele uses her money to open a restaurant in her neighborhood.

What is the purpose of investing in capital goods?

• to increase barriers to trade

• to improve workers' skills

• to limit market competition

• to improve productive efficiency

Countries with strong, well-funded education systems generally have

• fewer trading partners than other countries

• higher unemployment than other countries.

• lower populations than other countries.

• more entrepreneurs than other countries

Which population has the LOWEST human capital?

• Egypt

• Nigeria

• South Africa

• Sudan

How might an increase in investment in capital goods affect the economies of Kenya and Nigeria?

• It would lead to a decrease in both GDP and GDP per capita

• It would lead to an increase in both GDP and GDP per capita.

• . It would lead to a decrease in GDP, but an increase in GDP per capita.

• It would lead to an increase in GDP, but a decrease in GDP per capita.

How can maintaining a high literacy rate positively affect a nation's standard of living?

• Literate people do not commit crimes against others

• Literate people are better able to secure skilled jobs.

• Literacy prevents political division amongst voters.

• Literate people do not Literacy helps members of different religions coexist.

Which of these African nations produces the MOST crude oil on an annual basis?

• Congo

• Nigeria

• Sudan

• South Sudan

South Africa's role in the international gold market is relatively stable due to which of the following?

• effective government regulation of gold mining

• stable markets and revenue-generating tariffs

• possession of two-fifths of the world's gold supply

• the strength of the South African rand against the US dollar

Source: CIA World Factbook, 2015 What factor BEST explains the difference in life expectancy between the African nations listed in the table and nations in other parts of the world?

• barriers to trade

• industrial pollution

• high rates of obesity

• the spread of disease

Based on your knowledge of African economies, which countries correctly complete the table?

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