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

Practice Problem

Hard

Created by

Wayground 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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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the political instability affected the DRC's ability to attract investment?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of domestic production in the context of the DRC's economy?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does purchasing power parity affect the understanding of poverty in the DRC?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the challenges faced by individuals in the DRC regarding specialization in their economy?

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