total market value of the goods andservices

Which of these is an example of entrepreneurship?

idea for a new car powered by solarenergy

Whichof these is an example of human capital?

scientist,factory worker, accountant

Howdo investments in capital help workers?

It helps workers to be more productive.

Whatare the 4 factors of economic growth?

human capital, capital, naturalresources, &entrepreneurship

Which of these is an example of capital?

new robotic technology in a factory

Thethree basic economic systems are?

traditional, command, and market.

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Economics

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Questions 12

Answers

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

Economics Flashcards | StudBud