Factors of Economic Growth and Production

What is a disadvantage of being an entrepreneur?

was henry ford an entrepreneur

The training, skills, education, and health of workers in a country

Population growth is _______________.

Which of the following is NOT an example of capital goods?

Who is an entrepreneur

How might an entrepreneur demonstrate initiative?

Machinery, factories, technology, and buildings so that businesses to operate

an assembly line is an example of which of the 4 factors of economic growth?

Can Standard of Living be fixed by us kids?

What is Gross Domestic Product (GDP)?

When you're an Entrepreneur, you can-

Human capital, capital goods, entrepreneurship, and natural resources are

a developed country is poor

What does GDP measure?

GDP Per Capita

Entrepreneur brings 2gether natural resources, human capital, & capital good 2 start a business

GDP per capita

health care, education,training, job skills

What is meant by the term birth rate?

Which is not a developing country

a person who risks everything to start a business

Why is it important for countries to invest in human capital?

gold, iron, copper, nickle, plants

Which of the following is NOT true about an entrepreneur?

Which is a form of investing in your own human capital? Select all that apply.

What is Standard of Living?

Which is a characteristic of a successful entrepreneur?

The BEST indicator of Standard of Living is GDP

Which of the following is an important skill for an entrepreneur to have?

The owner of the clothing store is an example of which of the following?

Typically, the higher the literacy rate of a country, the higher the ____________________

Which of the following is NOT an example of natural resources?

things found in the earth. they come from nature... Ex: water, sunlight, crops, etc

Mark Zuckerberg is an example of an entrepreneur?

Which of the following is NOT an example of human capital?

Literacy Rate

what are the 4 factors of economic growth?

What is an entrepreneur?