1. What is one reason why Nigerians remain poor, despite their country’s large oil deposits?
A. infrastructure
B. subsistence farming
C. corruption**
D. microcredit
2. Which of the following is most likely to help countries in West and Central Africa solve their economic problems?
A. griots
B. microcredit**
C. imports of natural resources
D. negative balance of trade
3. Which of the following best describes the economics of Ghana and the Democratic Republic of the Congo (DR Congo)?
A. Ghana has a stable, fast-growing economy while GR Congo has an unsteady economy due to internal conflict ****
B. The economies of both Ghana and GR Congo are unstable due to political unrest and coups
C. In the 1980s Ghana had a successful economy while GR Congo had a weak economy
D. Both Ghana and GR Congo have stable and fast-growing economies
Check please.
thanks I had a 100
cba still in 2019
I agree with all three of your answers.
You're welcome. :-)
C
B
A
100%
Yes I got 100% thanks for the help
1. C
2. B
3. A
FGDG
1. To find the correct answer to the first question, we need to consider all the options provided and examine their potential impacts on Nigeria's poverty despite its large oil deposits.
A. Infrastructure: While the lack of adequate infrastructure can hinder economic development, it may not be the primary reason for Nigeria's poverty when compared to other options such as corruption or subsistence farming.
B. Subsistence farming: While subsistence farming can limit economic growth and development, it is not directly related to Nigeria's oil deposits and may not be the primary reason for its persistent poverty.
C. Corruption: Corruption is a significant issue in Nigeria and has played a crucial role in hindering the effective and equitable distribution of wealth generated from oil deposits. This option is likely to be the correct answer.
D. Microcredit: While microcredit programs can have positive impacts on individual and small-scale businesses, it may not address the broader systemic issues contributing to Nigeria's poverty despite its oil deposits.
Based on the options provided, the correct answer to the first question is C. corruption.
2. To answer the second question, we need to evaluate the options given and consider their potential impact on solving economic problems in West and Central Africa.
A. Griots: Griots are traditional West African storytellers and musicians. While they play an important cultural role, they may not directly contribute to solving economic problems.
B. Microcredit: Microcredit refers to providing small loans to individuals or businesses with limited access to traditional banking services. This option appears promising, as it can empower entrepreneurs, stimulate economic growth, and alleviate poverty, making it the most likely answer.
C. Imports of natural resources: Importing natural resources may support some industries, but it is not a comprehensive solution to economic problems.
D. Negative balance of trade: A negative balance of trade occurs when a country imports more goods than it exports. This situation may exacerbate economic problems rather than solve them.
Based on the options provided, the correct answer to the second question is B. microcredit.
3. To determine the best answer for the third question, let's assess the options provided.
A. Ghana has a stable, fast-growing economy while DR Congo has an unsteady economy due to internal conflict: This option accurately describes the economic situations in Ghana and the Democratic Republic of the Congo (DR Congo). Ghana's economy has been relatively stable and growing, while DR Congo has faced instability and conflict hampering economic development.
B. The economies of both Ghana and DR Congo are unstable due to political unrest and coups: This option does not accurately reflect the current economic conditions in Ghana and DR Congo. Ghana's economy has shown more stability compared to DR Congo, which has experienced significant challenges due to internal conflict.
C. In the 1980s, Ghana had a successful economy while DR Congo had a weak economy: This option describes the economic situation in the 1980s, but it does not accurately reflect the current state of Ghana and DR Congo's economies.
D. Both Ghana and DR Congo have stable and fast-growing economies: This option is not accurate because it does not reflect the current economic situations in both countries, as described in option A.
Based on the options provided, the correct answer to the third question is A. Ghana has a stable, fast-growing economy while DR Congo has an unsteady economy due to internal conflict.