Which of the following describes the economies of Ghana and the Democratic Republic of the Congo (DRC)?
Both Ghana and DR Congo have stable and fast-growing economics
No.
http://en.wikipedia.org/wiki/Economy_of_the_Democratic_Republic_of_the_Congo
To determine the description of the economies of Ghana and the Democratic Republic of the Congo (DRC), we can start by looking at their key economic indicators and characteristics.
1. GDP: Check the Gross Domestic Product (GDP) of both countries. GDP measures the total value of goods and services produced within a country's borders within a specific time frame.
2. GDP per capita: Calculate the GDP per capita by dividing the GDP of each country by its population. This indicator gives us an idea of the average wealth or income per person in the country.
3. Economic structure: Analyze the economic sectors that contribute to the countries' GDP. This includes agriculture, industry, and services. Determine the dominant sector in each country's economy.
4. Natural resources: Identify the presence and significance of natural resources in the economies of Ghana and DRC. This can include mining resources, oil, gas, minerals, etc.
5. Trade and exports: Review the countries' trade balance, including the value and nature of their exports and imports. Consider which goods and services the countries are major exporters or importers of.
6. Foreign investment and aid: Take into account the level of foreign investment in both countries and the amount of assistance they receive from international sources.
By examining these factors, we can gain a better understanding of Ghana and the Democratic Republic of the Congo's economies and their respective descriptions.