Economics Assignment
Your task is to compare two countries in Africa.
1. Mauritius or Uganda
2. Mauritius or Nigeria
3. Botswana or Uganda
4. Botswana or Nigeria
Here are the questions.
1. What is the GDP per capita in each country?
2. Which country has more abundant natural resources? Explain.
3. Which country relies more heavily on the market system? Explain.
4. Which country has less corruption? Explain.
5. What is the link between natural resources and GDP per capita for these two countries?
6. What is the link between economic freedom and GDP per capita for these two countries?
7. What is the link between freedom from corruption and GDP per capita for these two countries?
8. In your opinion, what best accounts for the difference in GDP per capita?
a. Differences in natural resources
b. Differences in the extent to which the countries rely on the market system and are free from corruption?