Factors of economic growth
Flashcard
•
History
•
6th Grade
•
Hard
Wayground Content
FREE Resource
Student preview

37 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What does Gross Domestic Product mean?
Back
The total value of all goods and services produced within a country in one year.
2.
FLASHCARD QUESTION
Front
The___________ a country’s GDP, the better the country’s standard of living.
Back
greater
3.
FLASHCARD QUESTION
Front
What are the 4 factors that lead to a country’s economic growth?
Back
investment in human capital, investment in physical capital, land (natural resources), entrepreneurship
4.
FLASHCARD QUESTION
Front
What are natural resources?
Back
materials or substances that occur in nature and can be used for economic gain.
5.
FLASHCARD QUESTION
Front
What does human capital mean?
Back
the people who perform labor (work)
6.
FLASHCARD QUESTION
Front
Why should countries invest in developing human capital?
Back
Investment in the education and skills training of people creates a smarter and more productive workforce, which relates to a higher GDP.
7.
FLASHCARD QUESTION
Front
What are capital goods?
Back
the factories, machinery, and technology used to produce goods and services
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple

Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
Similar Resources on Wayground
27 questions
SOUL movie flashcard
Flashcard
•
5th Grade
30 questions
Abu Bakr (RA): Key Facts and Contributions
Flashcard
•
7th Grade
26 questions
Social Class & Consumer Behavior
Flashcard
•
KG
26 questions
Untitled Flashcards
Flashcard
•
7th Grade
20 questions
Michaela DePrince Test
Flashcard
•
6th Grade
20 questions
Antecedents and Pronouns - Flashcard #2
Flashcard
•
6th Grade
25 questions
Human Body Systems
Flashcard
•
6th Grade
Popular Resources on Wayground
20 questions
Brand Labels
Quiz
•
5th - 12th Grade
11 questions
NEASC Extended Advisory
Lesson
•
9th - 12th Grade
10 questions
Ice Breaker Trivia: Food from Around the World
Quiz
•
3rd - 12th Grade
10 questions
Boomer ⚡ Zoomer - Holiday Movies
Quiz
•
KG - University
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
Adding Integers
Quiz
•
6th Grade
10 questions
Multiplication and Division Unknowns
Quiz
•
3rd Grade
20 questions
Multiplying and Dividing Integers
Quiz
•
7th Grade
Discover more resources for History
14 questions
Indigenous Peoples' Day
Quiz
•
3rd - 7th Grade
10 questions
Exploring WW1 Through Oversimplified Perspectives
Interactive video
•
6th - 10th Grade
10 questions
Exploring Mendeleev's Periodic Table Innovations
Interactive video
•
6th - 10th Grade
10 questions
Exploring the Causes of the American Revolution
Interactive video
•
6th - 10th Grade
14 questions
Ancient Mesopotamia
Quiz
•
6th Grade
41 questions
1.4 Test Review
Lesson
•
6th - 8th Grade
15 questions
Constitution: Legislative Branch
Quiz
•
6th - 8th Grade
20 questions
Units #1 - #4 Review
Quiz
•
6th Grade