Environmental Issues
Economic Systems
Specialization and Trade
Factors of Economic Growth
Literacy Rates and Standard of Living
100
The destruction of trees and other vegetation.
What is Deforestation?
100
In which type of economy are the basic economic questions of what goods to produce and how to produce them decided based on customs passed down from previous generations?
What is a traditional economy?
100
A tax on imported goods?
What is a tariff?
100
Someone who takes risks to start a new business:
What is entrepreneurship?
100
Literacy Rate is the number of people who are 15 and older who can __________________?
What is read and write?
200
The process of land becoming like a desert, due to deforestation and drought.
What is desertification?
200
In which type of economy are the basic economic questions of what goods to produce and how to produce them decided based on supply and demand/consumer preferences?
What is a market economy?
200
A limit on imported goods?
What is a quota?
200
* skills of citizens
* health of citizens
* education of citizens
* values of citizens
What do these factors MOST LIKELY represent?
What is human capital?
200
Housing, food, health care, educational opportunities, and income available to the people in a country.
What is standard of living?
300
Industrial waste, agricultural runoff, and human/animal sewage lead to which of the following?
What is water pollution?
300
In which type of economy are the basic economic questions of what goods to produce and how to produce them decided by government decisions?
What is a command economy?
300
An action that blocks or restricts trade with another country is called ___________________
What is an embargo?
300
What natural resource is the basis of Nigeria's economy?
What is Oil/Petroleum?
300
True or False
The higher the literacy rate, the higher the standard of living.
What is true?
400
What is one part of Africa that is experiencing major problems with desertification?
What is the Sahel?
400
Kenya, Nigeria, and South Africa all have a _________
economy?
What is mixed?
400
Specialization leads to _____
What is voluntary trade?
400
What is a county's GDP divided by its population called?
What is GDP per capita?
400
______________ is one of the biggest issues affecting many African economies. In sub-Saharan Africa, the overall literacy rate is just over 60 percent.
What is Illiteracy?
500
In a region experiencing a long period without rain, the situation is commonly described as ________.
What is a drought?
500
In country does the government have the most influence over the economy?
What is Kenya?
500
When trade occurs, one country’s money must be converted based on the value of the other. This conversion is known as ____________________.
What is currency exchange/exchange rate?
500
New machinery, advanced technology, and overall better factories means that a country has invested in _____________?
What is capital goods?
500
A country's literacy rate (how many people can read or write) is related to the standard or living. Which nation probably has the highest standard of living?
What is South Africa?