Economies of South Africa, Nigeria, Kenya

According to the data, which country likely has the most developed economy?

• Kenya

• Nigeria

• Rwanda

• Uganda

South Africa’s economy is ranked thirtieth (30) in the world in terms of gross domestic product (GDP), yet has very high poverty rates. Which level of economic development best characterizes South Africa?

• Less Developed

• More Developed

• Underdeveloped

• Newly Developed

In South Africa, businesses and consumers make decisions based on market principles rather than government demands. For many years, the Nigerian government controlled the major industries in the country. Recently, more and more industries have been taken out of the government's hands and become privatized. Read the passage and answer the question

• While both countries have market economies, Nigeria's economy has more command elements.

• While both countries have command economies, Nigeria's economy has more market elements.

• While both countries have market economies, South Africa's economy has more command elements.

• While both countries have command economies, South Africa's economy has more market elements.

The South African economy can BEST be described as a

• command economy.

• traditional economy.

• pure market economy.

• mixed market economy.

Today, both South Africa and Nigeria have ___________ economic systems.

• Traditional

• Command

• Market

• Mixed

Tribes in Kenya use bartering to trade and practice which type of economy?

• Traditional

• Command

• Market

• Mixed

Which of the following is important to South Africa's economy?

• caol and timber

• fruits and vegetables

• oil and natural gases

• gold and diamonds

Which sector is the largest contributor to South Africa's GDP?

• Agriculture

• Mining

• Manufacturing

• Services

Nigeria is the largest producer of which commodity in Africa?

• Gold

• Oil

• Coffee

• Diamonds

Kenya is renowned for which agricultural export?

• Tea

• Wheat

• Corn

• Rice