The World's Poorest Country is Sitting on $24 Trillion

The World's Poorest Country is Sitting on $24 Trillion

Assessment

Interactive Video

Business

7th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video explores the economic challenges and potential of the Democratic Republic of the Congo (DRC), highlighting its vast natural resources and the impact of historical mismanagement and corruption. Despite being one of the poorest countries, the DRC has significant untapped wealth. The video discusses the importance of stability and governance in attracting investment and the limitations of GDP as a measure of economic health. It also examines the role of self-sufficiency and specialization in economic development, concluding with the DRC's position in the global economic ranking.

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the GDP per capita of the Democratic Republic of the Congo as mentioned in the video?

$584

$5,000

$1,179

$2,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major event in 1960 significantly impacted the DRC's economy?

The discovery of oil

Independence from Belgium

A major earthquake

The introduction of a new currency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do international companies hesitate to invest in the DRC?

Lack of natural resources

High labor costs

Political instability and corruption

Strict environmental regulations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT included in GDP calculations?

Domestic production

Final goods

Illegal goods and services

Government spending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purchasing power parity adjusted GDP per capita of the DRC?

$1,179

$2,500

$584

$4,000

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the impact of domestic production on GDP figures?

It is not counted in GDP

It inflates GDP figures

It is fully included in GDP

It decreases GDP

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main challenge in using GDP to measure economic well-being in the DRC?

It includes illegal activities

It does not account for domestic production

It overestimates economic growth

It is too complex to calculate

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