Zambia’s Reliance on Copper (OCR GCSE Geography B (Geography for Enquiring Minds)): Flashcards

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Zambia's reliance on copper
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Zambia's economic classification

LIDC (Less Industrially Developed Country)

% of Zambia's exports that are copper

70%

% of Zambia's exports related to copper industry

Nearly 80%

Effect of rising copper prices on Zambia's production

Production increases

Effect of falling copper prices on Zambia's production

Production decreases

China's position in global copper consumption

World's largest consumer of copper

Number of Chinese companies operating in Zambia

Over 500

Sectors of Chinese investment in Zambia

Mining, manufacturing, farming, tourism

Purpose of Zambia's diversification strategy

Reduce reliance on copper exports

Period of copper-driven economic expansion in Zambia

Since 2000

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