European Economies

Front

Which of the following is NOT a factor of economic growth? natural resources, human capital, entrepreneurs, capital humans, capital goods

Back

capital humans

Front

The total value of goods and services produced in a country in a year is called the __________________.

Back

GDP

Front

GDP stands for ______________________________

Back

gross domestic product

Front

Gifts of nature are called _______________________.

Back

natural resources

Front

The following list is describing which factor of production: education, health, and showing up ready to work?

Back

human capital

Front

Machinery, tools, and trucks to transport goods are examples of which of the four factors of economic growth?

Back

capital goods

Front

A person who takes the risk and starts up a company is known as a __________________.

Back

entrepreneur

Front

Which factor is being described in the following list: oil, plants, water, gold?

Back

natural resources

Front

The ability to read and write at an eighth grade level is called _____________.

Back

literacy rate

Front

A tax on imports is called a

Back

tariff