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WorksheetsAfrica Econ & Current Events
Total questions: 76
Worksheet time: 40mins
who is this
ur mum
ur dad
tom brady
Matty Ice
According to American government officials, what country is moving twice as fast as the U.S. to develop its capabilities in space?
United States
Russia
China
France
December 7, 2021 marked the 80th anniversary of what historic event, which triggered U.S. involvement in World War II?
Attack on Pearl Harbor
Iraq
New York twin towers
Ukraine
The U.S. might provide what for Ukraine?
Internet
Fighter Jets
Water
People in Ukraine have been living without what?
Food
Water
Electricity
Food, Water, and Electricity
TRUE or FALSE: The people leaving the Ukraine cities will be provided with hotel rooms.
True
False
In a tornado, warm air goes up, and cold air goes _____
Up
Down
Which of the Great Lakes has seen the most shipwrecks?
Lake Michigan
Lake Erie
Lake Huron
What specific cryptocurrency was worth $68,000 in November but had fallen to less than $36,000 by the beginning of this week?
As discussed on Monday's show: The U.S. Federal Reserve may raise interest rates this year to combat what problem?
Surplus
Inflation
Unemployment
Housing slump
Volodymyr Zelensky is president of what nation, which is geographically and politically divided between East and West?
Belarus
Georgia
Armenia
Ukraine
What is the name of NASA's new space telescope that recently reached its home in orbit around the sun?
Webb
Hubble
Leonardo
Gamma Ray
In what African country is the Samara Private Game Reserve seeking to restore an ecosystem's health through the process of rewilding?
Nigeria
Ethiopia
Madagascar
South Africa
Every year, Holocaust Remembrance Day marks the liberation of what Nazi concentration and death camp in Poland?
Bergen-Belsen
Dachau
Auschwitz
Sobibor
Ukraine's president has asked the U.S. and other supporting countries to establish what kind of zone in the skies over Ukraine?
No-Fly zone
No-Transport zone
Demilitarized zone
No-trade zone
This week, the U.S. government announced it would stop importing what commodity from Russia, which is a major global producer of it?
Electricity
Steel
Oil
Medicine
Russia and Ukraine supply more than 25 percent of what crop, whose prices are expected to rise during their ongoing war?
Corn
Broccoli
Pineapple
Wheat
Yoon Suk-yeol won this week's presidential election in what nation, which is an ally of the U.S. and a rival of its neighboring country?
Thailand
Cambodia
Vietnam
South Korea
Who did President Biden appoint as the Supreme Court Justice?
Mrs. Orris
Mrs. Webster
Donald Trump
Ketanji Brown Jackson
President Biden signed how much money in aid to help Ukraine last week?
13.6 Billion
2 Billion
14 Billion
10 Million
The lack of clean, abundant water in many countries south of the Sahara Desert (Sub−Saharan) in Africa
has what effect?
The economies of these countries are based on technology
The majority of people have left these countries
Natural resources are abundant, so water isn’t an issue
Trade and industry did not develop adequately
The lack of clean, abundant water in many countries south of the Sahara Desert (Sub-Saharan) in Africa has what effect?
The economies of these countries are based on technology
The majority of people have left these countries
Natural resources are abundant, so water isnt an issue
Trade and industry did not develop adequately
What is the economic term used as a strategy of other countries to end apartheid?
Free trade
trade barriers
entrepreneur
embargo
All of the following are the result of government instability EXCEPT:
High population growth and longer life expectancy
poor opportunities for education
lack of medicine and food
the inability to combat disease and famine
Which of these is NOT a barrier to trade?
Embargo
Tariff
Free Trade
Quota
What does Gross Domestic Product (GDP) measure?
The total value of the final goods and services produced within the borders of a country in one year
How much product a country produces
The total amount of natural resources a country has
The total number of production each working individual produces
What are South Africa's top exports?
Salt and megnesium
Gold and platinum
wood products and furniture
sand and produce
What type of economy does Kenya have?
traditional
command
market
mixed
Which country has the largest economy?
Nigeria
Kenya
South Africa
Ethiopia
Which is NOT a basic economic question?
FOR WHOM should goods/services be produced?
WHAT goods/services should be produced?
WHERE should goods/services be produced?
HOW should goods/services be produced?
What type of economy do ALL modern countries have?
Market
Mixed
Traditional
Command
How is a market economy different from a command economy?
In a market economy, the individuals answer all of the economic questions
In a command economy, the government answers all of the economic questions
Both
Neither
How can specialization benefit trade between countries?
Countries create better quality items when they specialize in something.
Other countries are willing to pay more for better quality.
In order to specialize in something, a country cannot make everything it wants and needs so they must trade.
All of the above
Which is NOT example of a trade barrier?
Exchange rate
Tariff
Quota
Embargo
How does investing in capital resources affect GDP?
The more a country invests, the higher the GDP
The less a country invests, the higher the GDP
The more a country invests, the lower the GDP
How does investing in human capital affect GDP?
The more a country invests, the higher the GDP
The less a country invests, the higher the GDP
The more a country invests, the lower the GDP
Why are natural resources important to a country?
They can use them to produce goods and services cheaper than a country that has to import them
They can trade them with other countries and make money
Both
Neither
Who determines which goods and services will be produced in a communist economic system?
government officials
farmers
consumers
business leaders
A _______ economic system is when citizens cannot own businesses or property, there is no competition between businesses, and the government owns all industries.
Free Enterprise
Communist
Socialist
Traditional
An economic system in which the government owns some of the industries and businesses while setting some of the prices is called _____.
Free Enterprise
Socialism
Communism
Traditional
An essential characteristic of a communist economy is the _____.
interaction of supply and demand
government ownership of property
organization of worker unions
privatization of business
What is the main characteristic of a free enterprise economy?
The government owns the means of production.
All wage earners are paid the same amount.
Labor Unions are prohibited (forbidden).
Businesses are driven by supply and demand the desire for profits.
For what reason would people choose a government that is ruled by many (democracy) over one that is ruled by few (oligarchy or dictatorship)?
In rule by many, the government has more power over the people.
In rule by few, the government always follows the laws.
In rule by few, the government has the people's best interests in mind.
In rule by many, the government protects the rights of the citizens.
Managing scarce resources such as money and time is called _____.
sociology
political science
economics
geography
What is Nigeria’s most valuable natural resource?
gold
oil
timber
The basic things necessary for all humans, like air, food, clothing, and shelter
wants
services
needs
producer
The things that would make lives more comfortable or enjoyable.
wants
needs
consumers
natural resources
The work or activities people perform, often for a fee .
Needs
Wants
Goods
Services
Tangible items (things you can touch) such as food, clothing and furniture.
Goods
Services
Wants
Needs
A person who satisfies a need or want by buying a good or service.
Producer
Entrepreneurship
Factors of Production
Consumer
A person or group of people who use resources to make goods or provide services.
Consumer
Goods
Producer
Services
The things needed to produce goods and services.
Goods
Factors of Production
Services
Producer
Something that comes from Earth or nature that is useful to humans.
Goods
Needs
Factors of Production
Natural Resources
Tools used in the production of goods and services(mills, factories, machines).
Natural Resources
Human Resources
Capital Goods
Services
People who produce goods or services: they supply the labor.
Services
Human Resources
Capital Goods
Natural Resources
When a country focuses on producing the goods and services they can make best and trading for what they are unable to produce.
Specialization
Human Resources
Capital Goods
Services
The ability to organize, manage, and take on the risks of a business or enterprise.
Human Resources
Entrepreneurship
Consumer
Producer
The amount left after costs are subtracted from a price.
Expense
Income
Profit
Loss
Money taken in; the source could be a gift or prize, money earned for performing a task, an allowance, earnings at a job, or earnings from an investment.
Profit
Capital Goods
Expenses
Income
The costs related to a business; or the spending of some income for various needs and wants.
Needs
Expenses
Profit
Wants
In which type of economy are producers LEAST likely to produce a surplus of goods?
Mixed
Market
Command
Traditional
What can you conclude regarding the literacy rate amongst many southwest Asian countries?
Women tend to have a lower literacy rate than men
Men tend to have a lower literacy rate than women
Women tend to have a higher literacy rate than men
Men tend to have a higher literacy rate than women
Define: Mixed Economy
An economy with elements of market
An economy with elements of both market and command
An economy with elements of command
Who is this?
Ronald Acuna Jr
Ferando Tatis Jr
Sammy Sosa
Ozzie Albies
Who just bough about 10% of Twitter stonks?
Mark Zuckerburg
Mrs. Graham
Elon Musk
Kim Jong Un
