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Economic Systems of Nigeria & South Africa

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Presentation on theme: "Economic Systems of Nigeria & South Africa"— Presentation transcript:

1 Economic Systems of Nigeria & South Africa

2 Nigeria Type of Economic System: Mixed (mostly command) Command Market
Economy focuses on exporting OIL! Corrupt government keeps the economy from becoming better Most Nigerians live in poverty and suffer from famine

3 South Africa Type of Economic System: Mixed (mostly market)
Command Market Most developed economy in Africa! Economy focuses on exporting DIAMONDS, found through mining White population is still much wealthier than the black population …… **This is a result of APARTHEID**

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