Unit 9 Review (II) Question Preview (ID: 46409)
SS7E1 - SS7E3.
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What do the economies of South Africa, Nigeria, and Kenya have in common?
a) They are all mixed economies.
b) They are all closer to the Command side of the continuum.
c) They all specialize in gold, diamonds, and uranium production.
d) They are all dependent on the oil industry.
Even though Kenya may have many natural resources:
a) they are not utilized by the government
b) the country is still one of the poorest in Africa
c) they are controlled by the South Africans
d) the only resource that is mined is gold
Although South Africa has a diverse economy, the country benefits from having large quantities of:
a) gold, diamonds, and uranium
b) bauxite and lead
c) natural gas
d) limestone and zinc
Nigeria makes almost all of its money from the sale of oil. This is an example of:
a) specialization
b) a quota
c) a command economy
d) human capital
The economy of Nigeria is:
a) dependent on oil exports
b) is completely controlled by individual citizens
c) is deeply affected by gold prices
d) has more economic freedoms than most others in Africa
Which of the following statements about South Africa is true?
a) South Africa's economy has benefited from natural resources.
b) The South African economy focuses on the production of oil.
c) The territories of South Africa have few resources.
d) South Africa's economy will never recover from the apartheid era.
The economy of Kenya:
a) is diverse
b) is dependent on European investors
c) specializes in the production of gold and diamonds
d) has been greatly affected by civil war
Many countries limited trade with South Africa during the apartheid era. These were examples of:
a) embargoes
b) tariffs
c) currency exchange
d) quotas
Which of the following would NOT be included in capital goods?
a) education
b) factories
c) machinery
d) technology
Unlike Nigeria, both Kenya and South Africa have:
a) diverse economies
b) civil wars affecting development
c) command economies
d) limited entrepreneurship
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