Unit 3 Africa Test
Terms in this set (33)
What does South Africa's economy rely on?
diamonds, gold, and the service industry
What does Nigeria's economy rely on?
oil production and oil products
A tax on imported goods is a called a what?
What questions do all economic systems answer?
What to produce? How to produce? and For whom to produce?
What is the Investment in training and education of the workforce called?
In Kenya how is the leader elected?
In most countries that have democratic governments, what is the economic system?
What is a quota?
The limit on how many items of a particlular product can be imported from a specific country.
Which economic system is based on the entrepeneur and consumers choices?
What makes many of the world's economies mixed even though they have a free market system?
They have government regulation over some industries.
What can cause a country to have high standards of living?
What is one of the major causes of Africa's health issues today?
What effects does AIDS have on a country's citizens?
Death, orphaned children
What is one way AIDS could be stopped?
prevention and education
What is an oligarchy?
government rule by a few people
What are the indicators of a market economy?
You can start a business of your choice. The business controls the product, production, and price. Supply and demand control the price.
What is currency?
Why is currency needed?
To exchange for goods and services.
Why is it important for countries to have an exchange rate?
To make trade with other countries fair.
What is the major difference between the 2 democratic systems?
Parliamentary: legislature elect the prime minister
Presidential: President is elected by the people
How do literacy rates of boys and girls compare in Africa and many other places in the world?
Boys' literacy rates are higher than girls
What are some of the effects of political conflict (sometimes civil war) in a country?
Famine, decreased production of goods, services and agriculture
Less education = lover literacy rate
lack of adequate health care
Why is specialization helpful/beneficial to the world's economy?
Countries can be more efficient at producing what they want and then trade for what they need.
What historical problem in South Africa caused many countries to place an embargo on the country?
What does bicameral mean?
2 houses in the legislature
What does unicameral mean?
1 house legislature
Before apartheid ended in 1994, what type of government did South Africa have?
What type of democracy does Nigeria have?
Who do trade restrictions on imports benefit?
producers in the country (domestic companies)
What is 1 problem that Africans with AIDS face?
The treatment is expensive
How is the president of South Africa chosen?
elected by the National Assembly
How can malaria be prevented?
bed nets and insecticide
Why did Europeans take interest in Africa during the late 19th century and the early 20th century?
Africa's natural resources (Think that would be 1850-1920 and Civil War ended in 1865.)