Economic Planning in African Countries

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21 Questions

Which industry has suffered from drought in recent years in Kenya?

Agriculture

What has caused the decline of the tourism industry in Kenya?

Terrorist activity

What is predicted to happen to Kenya's economy as the quality of life for Kenyans improves?

It will continue to grow stronger

What economic struggle is mentioned for Kenya in the text?

None of the above

Which of the following determines what kind of economic system a country will have?

The customs, traditions, & beliefs of the past

What characterizes the economic system in rural African Villages?

Economic decisions based on customs and traditions

Why have more and more countries abandoned the system where all economic decisions are made by the government?

It is very harsh to live under

Which type of government is in control of everything in countries like Cuba, former Soviet Union, and North Korea?

Communist

What type of economic system involves people making what they always made and doing the same things their parents did?

Traditional economy

Which factor determines what goods/services will be produced in a country?

Customs, traditions, & beliefs of the past

In a purely free market economy, what would be the government's involvement?

The government would not be involved at all

Which country has a mixed economic system that is about 65% free and 35% command?

South Africa

What characteristic defines South Africa's transition away from a command economy?

Encouraging competition among businesses

Which industry is the Nigerian government giving more control to private businesses in hopes of improving the economy?

Oil refining

What is one of the problems that South Africa still faces despite transitioning away from a command economy?

Poverty, crime, and unemployment

Which country has a mixed economic system that is about 60% free and 40% command?

Nigeria

What characteristic defines Nigeria's transition towards a market economy?

Citizens being free to own property and start businesses

What characteristic defines Kenya's economic system?

'Mixed' economic system with high levels of corruption in the government

In which country did apartheid end in 1990, granting black South Africans many rights including the right to own their own businesses?

South Africa

Which country is the largest producer of oil in Africa?

Nigeria

Which country is the banking, transportation, and communication hub of East Africa?

Kenya

Test your knowledge about the economic planning process of South Africa, Nigeria, and Kenya. Learn about the three fundamental questions that every country must answer when developing its economic plan and how it shapes the economic system.

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