Gold Mining and Economic Impact in Mali

Gold Mining and Economic Impact in Mali

Assessment

Interactive Video

Social Studies, Business

9th - 12th Grade

Hard

Created by

Jackson Turner

FREE Resource

The video discusses the economic challenges faced by Mali and other African countries due to gold exploitation. Despite producing significant amounts of gold, these countries see minimal financial benefits due to corporate greed, tax evasion, and corruption. Multinational corporations exploit legal loopholes and engage in black market activities, leading to significant revenue losses for the countries. This perpetuates poverty and reliance on foreign corporations, while the wealth generated benefits only a few.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated value of one kilogram of gold?

Over 55,000 US dollars

Over 100,000 US dollars

Over 25,000 US dollars

Over 75,000 US dollars

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following countries is NOT mentioned as gold-rich but not benefiting from it?

Mauritania

Senegal

Nigeria

Ghana

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major reason Mali does not benefit from its gold resources?

Lack of skilled labor

Lack of gold reserves

Corruption and greed

High mining costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common tactic used by corporations to avoid paying taxes in Mali?

Hiring local workers

Using tax havens

Paying taxes in advance

Investing in local infrastructure

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do corporations exploit local miners in Mali?

By offering mining licenses

By purchasing gold below market value

By buying gold at market value

By providing them with high wages

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What loophole allows corporations to export large amounts of gold without paying taxes?

No mining fees

No import duties

No export taxes

No limit on sample size

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country is mentioned as a primary destination for smuggled gold from Mali?

United States

United Arab Emirates

China

India

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