Busy. Please wait.
Log in using Clever

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Didn't know it?
click below
Knew it?
click below
Don't know
Remaining cards (0)
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Economics of Africa

Economics of Africa Review

Why are most economies referred to as mixed economies? Most countries have aspects of both market and command economies.
What is Nigeria's main export? Oil
What economic problem is South Africa currently facing? High unemployment rates.
What is a main reason for people to exchange currency? To buy and sell goods and services with other countries
When a government decides to increase a tariff, it increases the amount of a tax placed upon what? imported goods
What is an example of a physical trade barrier in Africa? The Sahara Desert
How does voluntary trade help the economy? It encourages specialization which means more profit.
During Nigeria's long period of military rule, what type of economic system did it have? Command
Which country has the strongest economy in Africa? South Africa
A product of the earth that people use to meet their needs is known as what? Natural resource
How has Nigeria's concentration on oil production hurt the country's economy? Agriculture has suffered and t he country must import food.
Why did several members of the United Nations have an embargo on South Africa? They wanted South Africa to end its apartheid system
If Sudan's government puts a limit on how much Nigerian oil it will import this year, what trade barrier is this? Quota
Created by: clott



Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards