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Economics Vocabulary

posted Mar 26, 2014, 4:38 PM by Unknown user   [ updated Mar 26, 2014, 4:41 PM ]

By Adam 

SS7E7 The student will describe factors that influence economic growth.


a. Explain the relationship between investment in human capital (education and training) and gross domestic product (GDP).

b. Explain the relationship between investment in capital (factories, machinery, and technology) and gross domestic product (GDP).

c. Explain the role of oil in these countries’ economies.

d. Describe the role of entrepreneurship.




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