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Which is an accurate comparison among the economies of the countries of South Africa, Kenya, and Nigeria

User JanDintel
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2 Answers

7 votes

Final answer:

To compare the economies of South Africa, Kenya, and Nigeria, we can look at factors such as GDP, unemployment rate, and economic sectors. South Africa has the largest GDP, with a diversified economy. Kenya has a diverse economy with a focus on agriculture, while Nigeria relies heavily on oil exports. Unemployment is a challenge for all three countries.

Step-by-step explanation:

To accurately compare the economies of South Africa, Kenya, and Nigeria, we can consider factors such as GDP, unemployment rate, and economic sectors. GDP is a measure of a country's economic output. According to data from The World Bank, as of 2019, South Africa has the largest GDP among the three countries, followed by Nigeria and Kenya. South Africa has a more diversified economy, with a strong focus on mining, manufacturing, and services. Kenya's economy is also diversified, with a significant contribution from the agricultural sector. Nigeria's economy relies heavily on oil exports. In terms of unemployment, all three countries face challenges. South Africa has a relatively high unemployment rate, while Kenya and Nigeria also struggle with unemployment, especially among the youth.


In summary, South Africa has the largest GDP among the three countries, with a diversified economy focusing on mining, manufacturing, and services. Kenya's economy is also diversified, with a significant contribution from agriculture. Nigeria relies heavily on oil exports. Unemployment is a challenge in all three countries.

User Ahmed Abu Eldahab
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5 votes

Answer:

Nigeria and Kenya have mixed economies that lean more towards free than the economy of South Africa because of Nigeria's oil exports and Kenya's non-tariff trade barriers.

Step-by-step explanation:

User Achronos
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