Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Africa Economics Review
Test Description: ;ljadsjf
Instructions: Answer all questions to get your test result.
1) Which of these is a correct description of one of the ways in which a command economy differs from a market economy?
A
people have less freedom
B
there are only monkeys
C
there are no people
D
people have more freedom
2) This African nation is a major world supplier of gold, diamonds, and platinum.
A
sudan
B
south africa
C
kenya
D
nigeria
3) This African nation is economically dependent on oil production, although energy revenues only benefit 1% of the population.
A
nigeria
B
sudan
C
south africa
D
kenya
4) Which statement BEST reflects the difference between tariffs and quotas?
A
tariffs tax imports and quotas limit imports
B
tariffs tax imports and quotas stop trade
C
tariffs limit imports and quotas tax imports
D
tariffs stop trade and quotas limit trade
5) How might specialization encourage trade?
A
countries give each other a giant hug
B
countries hate each other
C
countries date each other
D
countries work as a team
6) Why would a country place a quota on imports?
A
to encourage foreign goods
B
to protect the local economy
C
to spend more money
D
to stop all trade
7) 20) In economics, often a nation has one product or industry that becomes better developed than other products or industries. Over time, that nation may become known for being a reliable producer in that industry. This is passage is describing
A
command
B
specialization
C
embargo
D
currency exchange
8) Trade between countries can be an indicator of the strength of the country’s economy, standard of living, and literacy rate. This is an example of
A
local trade
B
lunch room food trade
C
international trade
D
domestic trade
9) Which of the following best describes GDP
A
orange trees and banana fruits
B
value of all goods and services produced in a country in a century
C
value of all goods on a continent in a decade
D
value of all goods and services produced in a country in a year
10) Renovating factories, updating heavy machinery, and constructing new industrial centers in Sudan are all examples of
A
investing in capital goods
B
specializing in increasing gdp
C
mr jones has the swag i wish i had
D
investing in human capital
11) why are most countries mixed?
A
most are also traditional
B
most have aspects of both market and command
C
most are autocratic
D
most are specialization
12) how has nigeria's decision to not invest in capital goods affected the countries citizens?
A
it brings trade barriers
B
it makes them have civil war
C
it helps their gdp
D
nigerians are left without proper food...
13) has a prime minister
A
autocratic
B
oligarchic
C
presidential
D
parliamentary
14) whcih are of africa probably is most affected by famine?
A
south africa
B
north africa
C
kenya
D
madaguascar
15) in south africa its easy to start a business...
A
entrepreneurs make trade barriers
B
entrepreneurs specialize in making ketchup
C
entrepreneurs hurt the gdp
D
entrepreneurs can make significant contributions to the gdp
16) the process of designing, launching, and running a new business
A
trade barriers
B
entrepreneurship
C
human capital
D
specialization
17) many countries and groups around the world want to reduce famine in africa, however what makes this difficult?
A
famine
B
aids
C
government instability
D
democracy
18) if south africa has a high literacy rate and sudan has a low lit rate, which country is going to probably have the higher standard of living?
A
sudan
B
nigeria
C
south africa
D
kenya
19) single self appointed ruler
A
oligarchic
B
autocratic
C
trade barrier
D
democratic
20) the executive in a parliamentary is chosen by the
A
legislature
B
people
C
citizens
D
international community
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?