SS7E6 Review

Front

Saudi Arabia’s literacy rate has grown from 49% in 1980 to 79% in 2010. This may indicate that investments have been made in which category?

Back

Human Capital

Front

What is human capital?

Back

skills and education workers have

Front

The level of wealth and material comfort available in a country is called:

Back

Standard of living

Front

Raw materials from the earth are called:

Back

Natural resources

Front

Skills, knowledge, and education of workers are:

Back

Human Capital

Front

Factories, machinery, and technology are

Back

Capital Goods

Front

What is known as the act of putting money, effort, time, etc. into something to make a profit or get an advantage?

Back

Investments

Front

Who are creative, original thinkers who are willing to take risks to create new businesses?

Back

Entrepreneurs

Front

The factories, machines, and technology that people use to make other goods are known as what?

Back

Capital Goods

Front

Why have the Israelis made a big investment in human capital?

Back

They need well-trained workers because of their advanced technology.