General Economics
What was the name of the colony in South Africa that was used as a trading post?
Cape Town
What were the 4 main resources mined in South Africa?
1. Copper
2. Gold
3. Platinum
4. Diamonds
Who is the current Minister of International Relations for South Africa?
Lindiwe Sisulu
When was the Johannesburg Stock Exchange founded?
1887
What percent of the economy does agriculture make up?
9%
Name two agricultural products South Africa produces?
Corn, wheat, sugarcane, fruits, vegetables; beef, poultry, mutton, wool, dairy products
How many workers does the gold industry employ in South Africa?
120,000- 140,000
When was Apartheid?
1948-1994
True or False. Johannesburg Stock Exchange is the second largest stock exchange in Africa
False, its first
What 3 countries benefited most from the diamond trade?
South Africa, Botswana, and Namibia
What is the currency of South Africa?
Rand (ZAR)
How many large scale gold mines are currently in South Africa?
35
True or False: During Apartheid was South African Communist.
No, during Apartheid South Africa was against communism.
True or false? South Africa ranks among the highest interest rate market in the continent.
True.
by 1902 what percent of the diamond industry did De Beers own?
90%
What industry is South Africa most known for?
Mining.
What is the names of the only refined copper producer in all of South Africa?
Palabora Mining Company
What is South Africa's Foreign Policy based on today?
Human Rights and Past Experiences
What does the Johannesburg Stock Exchange rank in the world as far as market capitalization
19th
How much of the agriculture industry is grain?
30%
What is the 2010 estimated GDP of South Africa?
$527.5 Billion
Who was the founder of De Beers Diamonds and what year was it stated in?
Cecil Rhodes in 1888
What was a main reason that countries boycotted South African goods during Apartheid?
South African's Segregation policy under Apartheid
How many total exchange markets are in Africa?
29
How much of the agriculture industry is poultry?
70%