Human Capital
This capital is the people who perform labor.
What is human capital?
A device used to help with a task.
What is a tool?
The letters GDP stand for this
What is Gross Domestic Product?
The natural resource pencils, desks, & paper are made of.
What is wood?
The person who founded Apple.
Who is Steve Jobs?
A person who designs buildings?
What is a architect?
The belt found in factories.
What is a conveyor belt?
The___________ a country’s GDP, the better the country’s standard of living.
lower
greater
smaller
answers 1 and 3 are correct
What is greater?
The natural resource gas is made of.
What is oil?
The person who founded Microsoft.
Who is Bill Gates?
A person who founds a business.
What is a entrepreneur?
The object used to bolt together things like metal.
What are bolts?
GDP is a measurement of only what has been produced within a country. It doesn't include _____________(goods brought into a country).
What are imports?
The natural resource that powers hydroelectric plants.
What is water?
The company that created Fortnite.
What is Epic Games?
A person who studies living organisms.
What is a biologist?
This type of capital refers to the factories, machinery, and technology used to produce goods and services.
What is physical capital?
These are the main factors that influence economic growth within a country:
Land [natural resources], Human capital, Physical capital, entrepreneurship
The natural resource that makes up steel.
What is iron?
The person who founded Disney.
Who is Walt Disney?
A person who uncovers dinosaur bones.
What is a paleontologist?
A facility (usually off shore) used to extract oil.
What is a oil rig?
GDP = the total of ______ and ______ produced in one year within a country
What are goods and services?
These are materials or substances that occur in nature and can be used for economic gain.
What are natural resources?
They come up with new ideas and use human, capital, and natural resources to bring their ideas to life and to the marketplace.
Who are entrepreneurs?