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4th 9 Weeks Final Review Part 1
Test Description: Review for final exam
Instructions: Answer all questions to get your test result.
1) The economies of South Africa and Nigeria can best be described as what?
A
command
B
traditional
C
mixed
D
market
2) How has Nigeria's concentration on oil affected the country's economy?
A
It hasn't had much affect on the economy.
B
Agriculture has suffered greatly and they now must import food.
C
The government is working hard to educate their citizens.
D
It has led to civil war.
3) How has Nigeria's decision about investing in capital goods affected many of those who live in Nigeria?
A
The government is working hard to educate their people.
B
Concentration on the oil industry has left Nigerians without proper food and housing.
C
GDP may go down because poorly trained workers will not be able to do their jobs as well.
4) How is the president of South Africa chosen?
A
He is directly elected by the people.
B
It is passed to the next male relative in the familial line.
C
He is elected by the National Assembly.
5) If a country does not invest in its human capital, how can it affect the country's GDP?
A
The GDP will remain stagnant.
B
The GDP will increase due to the few skilled workers working hard to meet demands for the country.
C
GDP may go down because poorly trained workers will not be able to do their jobs as well.
6) Nigeria has invested heavily in which capital goods?
A
mining and heavy industry
B
gold and diamonds
C
agriculture
D
oil production and refining
7) Nigeria specializes in what?
A
agriculture
B
diamonds
C
gold
D
oil production
8) South Africa has invested heavily in which capital goods?
A
agriculture
B
oil production and refining
C
computers and technology
D
mining and heavy industry
9) What are capital goods?
A
factories and machines used to make goods
B
skills and knowledge workers have
C
total value of goods and services provided
D
gold and diamonds
10) What is GDP?
A
skills and knowledge workers have
B
factories and machines used to make goods
C
goods developed for production, distribution, and consumption
D
total value of goods and services produced within a country in a year
11) What is South Africa's main export?
A
mining and heavy industry
B
agriculture
C
oil production
D
gold and diamonds
12) Which country out of South Africa and Nigeria has the highest GDP?
A
South Africa
B
Nigeria
*select an answer for all questions
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