WorksheetsEconomies of Africa: Review
Total questions: 15
Worksheet time: 12mins
Name
Class
Date
1.
What is Nigeria’s main export?
a)
Oil
b)
Ivory
c)
Gold
d)
Food
2.
All of these are areas that South Africa has specialized except which?
a)
Gold
b)
Diamonds
c)
Ivory
d)
Platinum
3.
Most countries in Africa practice what type of economy?
a)
traditional
b)
market
c)
mixed
d)
command
4.
Nigeria has large deposits of oil and is currently exporting a significant quantity of oil. However, Nigeria has very few industries outside of oil and no other significant natural resources. How does this impact Nigeria's GDP?
a)
Makes the GDP more dependence on agriculture.
b)
Makes the GDP more dependent on oil production.
c)
Makes the GDP inaccurate because there is little industry.
d)
Makes the GDP inaccurate because there is only one major natural resource in the country.
5.
Which statement would a researcher use to prove South Africa is more related to a market economy than a command economy?
a)
Much of South Africa's GDP comes from private industries that freely compete in the world market
b)
Due to the effects of Apartheid, the government in South Africa runs many social programs
c)
Education and healthcare are primarily dominated by the government in South Africa
d)
Businesses are legally required to pay taxes to the government in South Africa
6.
Under which economic system does the government make almost all of the economic decisions?
a)
Command
b)
Market
c)
Traditional
d)
Capitalist
7.
In South Africa it is easy to start a business. In addition, private property rights are well protected. What impact does this have on the role of entrepreneurs in South Africa?
a)
Entrepreneurs are not affected
b)
The efforts of entrepreneurs are limited because of a lack of government rules.
c)
Entrepreneurs will have no real impact on the economy of South Africa
d)
Entrepreneur can make a significant contribution to South Africa's economy.
8.
In which resources has South Africa specialized?
a)
oil production
b)
grain production
c)
textile manufacturing
d)
gold and diamond mining
9.
Although both Nigeria and South Africa have an abundance of natural resources, a great number of people live in poverty. Why is this true?
a)
There are no educated people in either of these countries to raise the standard of living.
b)
Nigeria and South Africa have been at war with each other for 30 years which has prevented growth of the economy.
c)
Political leaders have failed to use natural resources to benefit all citizens.
d)
Both countries are ruled by white minorities that prevent all people from making a good income.
10.
Read
a)
A
b)
B
c)
C
d)
D
11.
Nigeria has an abundant supply of oil. How has oil affected the lives of the Nigerian people?
a)
A. The standard of living in Nigeria is higher than in any African nation.
b)
B. The majority of Nigerians are employed in oil related industries.
c)
C. The abundance of oil has brought about honest leaders who work to help the people.
d)
D. The majority of Nigerian people have not benefited by the abundance of oil.
12.
Why do most countries in the world today fall somewhere between a market and a command economy?
a)
Some government control has never been successful.
b)
Government control always makes a market economy more profitable.
c)
Most countries have found they need a mix of free market and government control to be successful.
d)
Most consumers prefer government control to free market.
13.
In a traditional economy, how are economic decisions made?
a)
Government leaders
b)
Consumers
c)
Customs and traditions
d)
A mix of consumers and government leaders
14.
How has Nigeria’s concentration on oil production hurt the country’s economy?
a)
Oil production has caused no problems
b)
All children have a free high school education
c)
Most Nigerians are wealthy because of oil production
d)
Agriculture has suffered and the country must import food
15.
During Nigeria’s long period of military rule, what type of economic system did it have?
a)
Traditional
b)
Command
c)
Market
d)
Mixed
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