5/2 Activity

South Sudan is a new country and they have to establish their economy. They have fertile soil and are mineral rich, so they will probably attempt to have an economy focused mostly on agriculture and mining.

1. Will South Sudan have a goods or service economy if they pursue this route?

2. It’s 10 years down the road and South Sudan has begun to invest heavily in their education system. How does this change the factors of production for their economy? Which factors in particular does it change?