Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


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.
We do not share your email address with others. It is only used to allow you to reset your password. For details read 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 (0)
Remaining cards (0)
Know (0)
0:00
share
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

Africa Economy

QuestionAnswer
When you don't have any money to buy basic supplies. poverty
The total value of goods and services produced in 1 country in 1 year. GDP – Gross Domestic Product
Why is the HIV/AIDS infection rate so high in Sub-Saharan Africa? Why is it hard to combat HIV/AIDS in Africa? Lack of funding for education, prevention programs, and diagnosis. Lack of funding for education and prevention programs; government instability, high costs of HIV drugs.
Which trade barrier did the United States place on South Africa because of apartheid? embargo
What are the four factors of economic growth? Human capital, capital goods, natural resources, entrepreneurship
What are the three types of economic trade barriers? embargo, quota, tariff
What are the benefits of free trade? Lower priced goods because of competition; larger variety of goods; companies make more money; countries can specialize in what they do best
What are the most valuable resources in Africa? Gold, diamonds, uranium, oil, and platinum
Which valuable resource is found in Nigeria? oil
Describe the difference in the presence or absence of the four factors of economic growth in Nigeria and South Africa. How has it impacted the country’s economic development? Nigeria mainly focused on oil and did not invest as much in human capital or capital, which hurts their economic growth. South Africa invested in capital goods, human capital, natural resources, and entrepreneurs, which means their economy is grew.
What are tariffs? Tax on imports/exports
What is an embargo? ban on trade
What is a quota? a limit
Type of economy in South Africa Market
Type of economy in Kenya Mixed
Type of economy in Nigeria Mixed (towards market)
Created by: Mrs. Corey
 

 



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

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

If you've accidentally put the card in the wrong box, just tap 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:
Retries:
restart all cards