1. Which types of African economies generally have been doing particularly well during the period 2002-2013? O Economies based on minerals and oil. O Economies
1. Which types of African economies generally have been doing particularly well during the period 2002-2013? O Economies based on minerals and oil. O Economies based on labour intensive production. O) Economies based of export agriculture. 2. Which three statements about the period of economic growth in Africa are correct? O) Growth has not necessarily lead to the development of productive sectors, economic diversification, and structural change. O)A positive trend of the industrial expansion to process agricultural products and natural resources before they are exported. Especially manufacturing and the services sectors are struggling with technological change and productivity increase. Thanks to recent growth, many African economies are no longer natural resource dependent. The greatest sectoral expansion in terms of a growing share of the labour force, takes place in the informal low-productive service sector. 3. Give two examples from Africa showing efforts to achieve sectorial change. The establishment of Export Processing Zones or Special Processing Zones in Mauritius, Ghana, Madagascar, and Ethiopia encouraging foreign investments in light industry. The emergence of services linked to IT and finance in Kenya, Ethiopia, and Mauritius. The substantial growth in urban formal employment in the expanding mega cities. The rapid commercialization of smallholder farming. 4. According to Nyandoro and Dube (2018), what are three reasons for the high numbers of people living in poverty in Africa? Urban poverty rates are higher than rural poverty and with rapid urbanization an increasing number of people are moving into a life in poverty. Growth in GDP must be much higher to exceed the high population growth and result in GDP per capita improvements. Africans living in poverty are victims of existing circumstances and they lack the agency to make changes themselves. African countries have a large share of the population that live in absolute poverty below $1,90 per day and they have a long way to go before they reach income levels where they are no longer economically vulnerable. [) Several African countries have high levels of income inequality and growth improves the incomes of the already well off rather than reduce poverty
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