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Europe's Factors of Economic Growth (Literacy Rate/Entrepreneurship) - Part 2 Flashcards | StudBud
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Europe's Factors of Economic Growth (Literacy Rate/Entrepreneurship) - Part 2
Europe's Factors of Economic Growth (Literacy Rate/Entrepreneurship) - Part 2
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Answers
1
Countries that have high literacy rates have a high standard of living.
True
False
2
The percentage of adults in a country who can read and write is its...
human capital.
literacy GDP.
quota.
literacy rate.
3
What do we call a person who is willing to take a risk to start their own business?
A GDP per capita
An entrepreneur
A human capital
A tariff
4
Educated and skilled workers do not play a part in a country's economic growth.
False
True
5
Which is NOT a risk when starting your own business?
using your expert skills
you may have to use your own money
if it fails, you may lose money
no guarantee of success
