CLEAN : Africa mining sector meets amid commodity price comeback

CLEAN : Africa mining sector meets amid commodity price comeback

Assessment

Interactive Video

Business, Geography, Social Studies

11th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the decline in commodity prices from 2011 to 2015, highlighting the financial impact on the industry, including losses and company mergers. It attributes the previous commodity boom to China's economic shift and its significant demand. The video also explores Africa's potential for economic growth through another commodities boom, suggesting an improving outlook for both Africa and the mining industry.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant consequence of the decline in commodity prices by the end of 2015?

A rise in global commodity demand

Many commodities became uneconomical to produce

A surge in new investments

Increased profitability for producers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a major factor contributing to the commodity boom that ended a few years ago?

The rise of the European economy

Increased agricultural production

Changes in the Chinese economy

Technological advancements in mining

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the Chinese economy influence global commodity prices?

By reducing its imports

By increasing its exports

By shifting its economic structure

By stabilizing its currency

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact of a new commodities boom on African economies?

It could lead to economic stagnation

It might transform African economies

It will decrease foreign investments

It will cause a decline in mining activities

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current outlook for the mining industry compared to a few years ago?

It remains unchanged

It is worse than before

It is improving

It is declining rapidly