Africa's Factors of Production and Economics 24/25

Which of the following is a category of productive resources?

• Monetary resources

• Financial resources

• Human resources

• Social resources

Why is GDP per capita important?

• It determines the literacy rate of a country

• It reflects the overall wealth distribution

• It indicates the average income of citizens

• It measures the unemployment rate

Which country in Africa has a significant reserve of gold?

• Nigeria

• South Africa

• Kenya

• Ethiopia

How do economists evaluate the health of a country’s economy?

• By its literacy rates

• By its gross domestic product (GDP)

• By its unemployment benefits

• By its natural resources

What is GDP per capita?

• The total GDP of a country

• The GDP adjusted for inflation

• The GDP divided by the total population

• The GDP divided by the total land area

What is a common challenge associated with the distribution of natural resources in Africa?

• Even distribution across the continent

• Overabundance of resources

• Lack of resources

• Uneven distribution

Which country has made significant investments in education and training?

• Kenya

• Nigeria

• South Africa

• Ethiopia

What challenge does Nigeria face regarding human capital development?

• Oversupply of skilled workers

• Lack of government focus on education

• High literacy rates

• Abundance of resources

What hinders Kenya's education system despite its fast-growing economy?

• Lack of government funding

• Low demand for education

• Overabundance of schools

• Lack of infrastructure

What is the primary determinant of a nation's productive resources?

• Entrepreneurship

• Capital goods

• Human capital

• Natural resources