Economics of Africa Basics

Increased __________: Human capital investments in areas like science, education, and management can lead to innovation.

Countries that don't invest in growing their human capital generally have higher GDP per capita. 

Entrepreneurs do all except?

Increased __________: Skilled and knowledgeable workers can use resources more effectively.

___________ are any resources from nature that can be used to create new goods. 

The literacy rate is the percentage of people in a given age group who can read and write.

A country can increase their literacy rate, human capital, capital goods, and natural resources.

____________ are any goods that are used to create other goods.

Improved _________ participation: Human capital investments can lead to improved labor force participation rates.