The Economics of Poverty

What is the nominal GDP per capita in the Democratic Republic of the Congo?

• $1,000

• $500

• $1,500

• $2,000

What percentage of the DRC's population lives in absolute poverty?

• 81%

• 71%

• 61%

• 51%

Which country was the DRC a colony of before gaining independence in 1960?

• Portugal

• Germany

• Belgium

• France

What type of poverty is defined by living on less than $2.12 a day?

• Abject poverty

• Absolute poverty

• Moderate poverty

• Relative poverty

What is a major reason for the lack of investment in the DRC's mining industry?

• Excessive foreign investment

• Political instability and corruption

• Lack of natural resources

• High cost of labor

What is the yearly income that categorizes an individual under the poverty line in the United States?

• $20,000

• $11,000

• $15,000

• $25,000

What is the main challenge with the DRC's diamond mines compared to those in Canada?

• Environmental regulations

• Use of outdated technology

• Lack of skilled labor

• Geographical inaccessibility

How does foreign aid impact local businesses in the DRC?

• It has no significant impact

• It provides financial support

• It creates unfair competition

• It increases customer demand

What initiative aims to improve trade relations among African countries, similar to the European Union?

• African Union

• African Economic Community

• Pan-African Economic Alliance

• African Free Trade Zone

What fundamental needs must be restored to improve the DRC's economy?

• Technology and innovation

• Stability and confidence

• Education and healthcare

• Agriculture and tourism