Canada Economics Review

Front

What can raise the GDP of a country? Options: Tariffs and Banking, imports and exports, picking trade partners, Investing in education and training of the workforce

Back

Investing in education and training of the workforce

Front

Canada is rich in which of the following natural resources? Trees, Leather, Oil, Minerals

Back

Minerals

Front

Gross Domestic Product measures the 

Back

market value of the final goods and services produced in a given year within a country.

Front

What are the 4 factors of economic growth in a country?

Back

Entrepreneurship, Natural resources, Human resources, Capital resources

Front

The _________________ the county's GDP, the better the standard of living.

Back

higher

Front

Things that are found on the earth are called?

Back

Natural resources

Front

What are examples of natural resources?

Back

water, trees, soil

Front

The higher the GDP per capita, the _____________________.

Back

Higher standard of living

Front

Definition of import.

Back

material that are shipped in from another country.

Front

Definition of export.

Back

materials that are shipped out from the home country to another country.