Which of these is an example of capital?

new robotic technology in a factory

Whichof these is an example of human capital?

scientist,factory worker, accountant

total market value of the goods andservices

Thethree basic economic systems are?

traditional, command, and market.

Howdo investments in capital help workers?

It helps workers to be more productive.

Which of these is an example of entrepreneurship?

idea for a new car powered by solarenergy

Whatare the 4 factors of economic growth?

human capital, capital, naturalresources, &entrepreneurship

studbud

Economics

12 termsStudBud Administration99 plays

Imported from external platform

Flashcards12 cardsFPractice quizPHost liveL

Questions 12

Answers

1
Which of these is an example of capital?
scientist,factory worker, accountant
idea for a new car powered by solarenergy
new robotic technology in a factory
coal mine
2
Which of these is an example of a natural resource?
new robotic technology in a factory
scientist,factory worker, accountant
idea for a new car powered by solarenergy
coal mine
3
Whichtwo countries have the strongest economies in Southern and Eastern Asia?
South Korea and Vietnam
Japan and North Korea
Japan and China
China and Vietnam
4
Whyis it important for countries to invest in human capital?
It leads to a lower GDP.
It lowers taxes in a country.
It increases taxes in a county.
It leads to a higher GDP.
5
Whichof these is an example of human capital?
scientist,factory worker, accountant
new robotic technology in a factory
idea for a new car powered by solarenergy
coal mine
6
Democratic countries lean toward a _________ system. Communists lean toward a _________ system.
command/traditional
market/command
traditional/market
command/market
7
Whatis GDP?
overall health of a country’s economy
total market value of the goods andservices
economies in SE Asia the wealthiest economies
gross dusty products
8
Thethree basic economic systems are?
traditional, command, and market.
traditional, communist, and command
market, command, and oligarchy.
market, traditional, and monarchy.
9
Howdo investments in capital help workers?
Workers can continue to make goods thesame way.
Workers can spend more time talking.
Ithelps workers to become lazy.
It helps workers to be more productive.
10
Which of these is an example of entrepreneurship?
idea for a new car powered by solarenergy
scientist,factory worker, accountant
coal mine
new robotic technology in a factory
11
Mostcountries in the world have a _____________ economy.
Traditional
Command
Market
Mixed
12
Whatare the 4 factors of economic growth?
human capital, tools, naturalresources, & entrepreneurship
human capital, capital, coal, andbusinessmen
humans, oil, entrepreneurship, andcapital
human capital, capital, naturalresources, &entrepreneurship

Economics Flashcards | StudBud