Economic Growth in Canada Anticipation Guide

Raw materials from nature

• natural resources

• capital goods

• human capital

• entrepreneur

the level of wealth and material comfort available

• standard of living

• gross domestic product

• literacy rate

man made materials (factories, machines, technology)

• natural resources

• capital goods

• human capital

• entrepreneur

skills, education, and experience of workers

• natural resources

• capital goods

• human capital

• entrepreneur

the percentage of adults who can read and write

• standard of living

• gross domestic product

• literacy rate

because of its smart use of productive resources, this country has one of the strongest economies in the world

• Canada

• United States

• Mexico

a person who starts a business

• human capital

• literacy rate

• entrepreneur

total value of all goods and services produced by a country in one year

• standard of living

• gross domestic product

• literacy rate