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WorksheetsAfrica's Factors of Economic Growth Comprehension Check
Total questions: 20
Worksheet time: 10mins
What does "gross domestic product" mean?
Total number of natural resources.
GDP per capita
Total number of people that cannot read or write.
Total value of goods & services produced in one year.
What is a county's GDP divided by its population called?
GDP per capita
Human capital
Literacy rate
Capital goods
Which productive resource can be a source of income when exported?
Capital goods
Natural resources
Human capital
Entrepreneurship
Where is nearly one-half of the world's gold reserve located?
Nigeria
Kenya
South Africa
Sudan
What is the basis of Nigeria's economy?
Timber
Oil
Diamonds
Gold
Why is most of Nigeria's population living in poverty when the country exports more than 3 million barrels of oil each day?
Most people are literate.
Most people are illiterate.
Oil profits bypass the people & go to corrupt politicians.
Oil profits are spread out evenly across the continent.
When a county invests in education for it's citizens, what is it increasing?
Entrpreneureship
Human capital
Capital goods
Natural resources
A lack of investment in human capital has led to high poverty (70%) & unemployment in which country?
Kenya
South Africa
Nigeria
Egypt
A country can increase it's capital goods by investing in what?
New machinery, technology, factories, etc.
Land, forests, minerals, etc.
Doctors, teachers, nurses, etc.
Clothes, shoes, makeup, etc.
Which country has been building more schools in rural areas, improving roads and providing more electricity in order to help it's economy grow?
Kenya
Sudan
South Africa
Nigeria
Write a statement that describes the relationship between a country's investment in human capital, capital goods and it's GDP.
Investment in human capital and capital leads to an increase GDP.
Which statement best describes the relationship between a country's literacy rate & it's standard of living.
The higher the literacy rate, the lower the standard of living.
The higher the literacy rate, the increase in government corruption.
The higher the literacy rate, the higher the standard of living.
The higher the literacy rate, the more animals living there.
What makes entrepreneurship difficult in Kenya & Nigeria?
Government corruption
Disease
Human capital
Lack of water
Land, forests, minerals, water, etc. are examples of:
Human capital
Entrepreneureship
Natural resources
Capital goods
Doctors, teachers, factory workers, etc. are examples of:
Entrepreneureship
Human capital
Capital goods
Natural resources
Factories, machinery, technology, etc. are examples of:
Human capital
Entrepreneureship
Natural resources
Capital goods
Someone who takes risks to start a new business:
Natural resources
Human capital
Entrepreneurship
Capital goods
How do entrepreneurs help a country's economy?
Start new businesses, create jobs, introduce to products, etc.
Government corruption
Providing electricity and improving roads
Exporting oil, minerals, etc.
Based on what you know about literacy rates, which country probably has the highest standard of living - South Africa, Kenya or Nigeria?
Nigeria
South Africa
Kenya
The United States GDP is about $58,000, while the GDP of most African countries is less than $5,000. What can you infer about the standard of living in most African countries compared with the U.S.?
The standard of living is lower in the U.S.
The standard of living is lower in most African countries.
The GDP has no effect on the standard of living.
