Study Guide for Africa’s government and economics:
1. Go over your VOCABULARY words
2. Explain in your own words the following types of economic systems. Make a chart dividing them and comparing/contrasting for each system (1) what is produced, (2) how it is produced, and (3) for whom is it produced?
a. Traditional
b. Command
c. Market
3. What is South Africa’s economic system? Explain. (be able to compare/contrast South Africa and Nigeria)
4. What is Nigeria’s economic system? Explain. (be able to compare/contrast South Africa and Nigeria)
5. What is voluntary trade?
6. Explain the economic concept of specialization.
7. What is a trade barrier? Give examples.
8. Tariffs are ______placed on goods.
9. Explain the concept of quota in your own words.
10. Explain the concept of embargo in your own words.
11. What is currency/exchange?
12. What does the term human capital mean?
13. How about capital in general?
14. Explain the difference between renewable and nonrenewable natural resources.
15. What is entrepreneurship? Give an example.
16. Give an overview of South Africa’s economic growth compared to Nigeria’s economic growth. (You may use bullet points, a Venn Diagram, etc.)
17. How do entrepreneurs contribute in a positive way to a nation’s economy?
18. What are some of the major natural resources found on the continent of Africa?
19. Compare and contrast distribution of power in the following types of government: unitary, federal, confederation
20. Explain how governments determine citizen participation in the following types of government:
autocratic, oligarchic, and democratic.
21. What is the difference between a parliamentary and a presidential democracy?
22. Compare the republican systems of government in the Republic of Kenya and the Republic of South Africa to the dictatorship of the Republic of Sudan. Be sure to distinguish the form of leadership and role of the citizen in terms of voting and personal freedoms.
23. Compare how various factors (including gender), affect access to education in Kenya and Sudan.
24. What is the impact of government stability on the distribution of resources to combat AIDS and famine across Africa?
25. Most countries have a ______economy located between pure market and pure command.
26. How does specialization encourage trade between countries?
27. Why does the word “republic” appear in the names of both the Republic of South Africa and the Republic of Sudan when the ruler of Sudan is a dictator?
28. Although both Nigeria and South Africa have an abundance of natural resources, a great number of people live in poverty. Why is this true?
29. What is the relationship between education and training in a country and the country’s gross domestic product (GDP)?