Economic Systems in Africa

What type of economic system is most common in African countries and globally?

• Command economy

• Market economy

• Mixed economy

• Traditional economy

This country's oil sector has made it the largest economy in Africa.

• Kenya

• Nigeria

• South Africa

It serves as a major hub for transport, communications, and banking.

• Kenya

• Nigeria

• South Africa

This nation has one of the most developed economies and highest GDPs on the continent.

• Kenya

• Nigeria

• South Africa

It is investing heavily in improving infrastructure such as electricity and roads.

• Kenya

• Nigeria

• South Africa

This country focused on oil production but didn't invest much in human capital or infrastructure.

• Kenya

• Nigeria

• South Africa

The government has spent billions on education and workforce development.

• Kenya

• Nigeria

• South Africa

Although most schools are in cities, the government is building more schools in rural regions.

• Kenya

• Nigeria

• South Africa

This nation's economy grew thanks to strategic investments in capital goods that boosted businesses.

• Kenya

• Nigeria

• South Africa

The government controls key industries like oil and agriculture.

• Kenya

• Nigeria

• South Africa