Economic Systems of Africa

What is GDP per capita?

Person who takes their ideas, inventions, risks to invent something or start business is a(an)

A government will sometimes put a tax on imports. This type of trade barrier is called a(n)

In which has Nigeria invested heavily in capital goods?

Often,if a country’s literacy rate is low its _______ is/are also low.

What are capital goods?

Which African country has 40 % of the world's gold supply?

Thetotal market value of goods & services produced by country’s economyduring a year is called

What is human capital?

Government  limits quantity of imports allowed in a country. What type trade barrier is this?

Which continuum shows a mixed economy?

Whateconomic system allows people to make their own economic choices based onsupply and demand?

A tariff is an example of a(n)

One way a country can invest in its human capital is by

If economic decisions are based on culture passed down from generations, which economic system?

Most modern countries have a

When the demand for a product is high how is price affected?

What becomes of much of the money earned from the sale of African gold and diamonds?

Human capital plays a role in economic growth. Education of the citizens in country is low then

I have a great idea for a business, I  get a loan, open my store and sell my goods. Who am I?

Which is not one of the three basic economic questions?

What is a literacy rate?

The type of money a country uses is called its 

What are some of the commercial uses of uranium?

A government order, due to political reasons, that forbids trade with other countries is a(n)