What is gold actually worth? (Ted Ed)

Which of these countries is NOT a gold-producing country in Africa?

• Ghana
• Tanzania
• Kiribati

• Mali
• South Africa

Which of these are examples of infrastructure?

• cars

• books

• bridges

• skyscrapers

• electric grid

Tags

NGSS.MS-ETS1-4

What is a subsidiary?

• A subsidiary is a government-owned enterprise.
• A subsidiary is a company controlled by a parent company.
• A subsidiary is a type of investment fund.
• A subsidiary is a company that operates independently.

How do mining companies benefit from buying gold on the black market?

• They receive government subsidies for purchases.
• They obtain it at lower costs and bypass regulations.

• They improve their public image by supporting local economies.
• They can sell gold at a higher price.
• They gain access to exclusive mining rights.

Tags

NGSS.HS-ESS3-1

If Mali reported exporting $200 million worth of gold to the UAE, but the UAE received $1.5 billion, how much gold smuggled to the UAE from Mali?

• $1.3 billion
• $800 million
• $2 billion
• $500 million

Mali is the only African country that experiences gold smuggling.

• Mali is the only African country that produces gold.
• False
• True