quiz image

d271 - exam 1 - 2.2 - med

StrongerMoldavite8334 avatar
StrongerMoldavite8334
·
·
Download

Start Quiz

Study Flashcards

35 Questions

What is the purpose of the Hawassa Industrial Park?

To establish a textile manufacturing hub in Ethiopia

Which of the following is NOT a feature of the Hawassa Industrial Park?

It is located three miles from the lakefront

What is the significance of Hawassa's location in the Great Rift Valley?

It is a popular tourist destination due to the natural beauty of the area

What is the primary reason for the growth in Ethiopia's apparel exports?

Investments in the textile manufacturing sector

How does the Hawassa Industrial Park differ from a traditional industrial plant?

All of the above

What is one advantage of manufacturing hubs like Hawassa?

They enable private energy providers to invest in large-scale electrification

What does Songwe recommend regarding the skills challenge in Africa's industrial sectors?

Embrace performance improvements and management training

Why does Songwe mention that industrial zones are important in some cases?

To provide space for large-scale production

What is one key requirement for African manufacturers looking to compete globally, according to Songwe?

Embrace performance improvements and management training

How does Songwe suggest African countries address the shortage of skilled labor in industrial sectors?

By partnering with governments to design vocational training programs

What motivated many successful African manufacturers to transition to local manufacturing plants?

The need to reduce shipping and tariff costs.

What is a significant factor attracting Chinese manufacturing executives to Africa?

Relatively high margins for manufactured goods.

Which sector in Africa has shown notable export-led growth, like Morocco's automotive industry?

Aerospace

What advantage did Morocco leverage to achieve success in its automotive industry exports?

Proximity to large European markets and low labor costs

Which country's government adopted industrial acceleration plans to build upon its advantages for industrialization?

Morocco

What is the main advantage of the new highway and rail line being built near Hawassa?

It will improve transportation of finished goods to export markets.

According to the passage, what does the expansion of the local university in Hawassa suggest?

The university is expanding to better train workers for the new manufacturing industry.

The passage suggests that Africa has the opportunity to expand its manufacturing exports for which of the following reasons?

Africa has a large and growing domestic consumer market.

What is the main reason that GZI decided to build an aluminum-can manufacturing plant in Nigeria?

There was significant existing demand for aluminum cans that was being met by imports.

What is one of the key challenges that GZI faced in establishing its aluminum-can manufacturing plant in Nigeria?

Overcoming power shortages and bureaucratic impediments.

What is the primary reason the passage suggests that Africa has the opportunity to double its manufacturing output by 2025?

Africa has a large and rapidly growing domestic consumer market.

What is one of the key factors that allowed GZI to successfully establish its aluminum-can manufacturing plant in Nigeria?

GZI was able to leverage existing supply chains and customer relationships.

According to the passage, what is one of the key advantages of Africa's manufacturing sector being able to substitute imports?

It will create more stable and well-paying jobs in the manufacturing sector.

What is the main reason the passage suggests that Africa has the opportunity to take on production from Factory China?

China's labor costs are rising, making production in Africa more competitive.

What is the primary factor driving the growth opportunity in Africa's manufacturing sector according to the passage?

Substituting imports with locally produced goods.

According to the passage, what is the main opportunity for countries in Africa to industrialize their economies?

Increasing exports of labor-intensive goods like apparel

According to the passage, which country has achieved the highest annual growth rate in labor-intensive manufacturing exports?

Ethiopia

What economic theory does the passage suggest could apply to Africa's potential industrialization?

The flying geese paradigm

Which of the following is NOT mentioned in the passage as a risk or obstacle to manufacturing growth in Africa?

Fluctuations in global commodity prices

What is the main reason the passage suggests Africa could become a global manufacturing hub?

Its low labor costs compared to China and other Asian countries

According to the passage, what is the primary focus of the investment company Roha?

Helping manufacturers establish production facilities in Africa

What piece of advice does the passage attribute to Brooks Washington, the founder of Roha?

Have a long-term vision and be prepared to weather tough times

According to the passage, what is one of the key challenges companies face in setting up manufacturing operations in Africa?

All of the above

What is the primary reason the passage suggests Africa could become a leading global manufacturing hub?

Its potential to leverage low labor costs to drive industrialization

According to the passage, which of the following industries has NOT been mentioned as a potential area of growth for Africa's manufacturing sector?

Renewable energy technologies

Explore the potential industrial revolution in Hawassa, Ethiopia, a town located in the Great Rift Valley. Learn about the town's tourist attractions and recent developments hinting at industrial growth.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free

More Quizzes Like This

Use Quizgecko on...
Browser
Browser