Human Capital and GDP Concepts

Flashcard
•
Social Studies
•
6th Grade
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
What does GDP (Gross Domestic Product) measure?
Back
How well a country's economy is doing
2.
FLASHCARD QUESTION
Front
What does Human Capital NOT include? Money, Knowledge, Skills, Health
Back
Money
3.
FLASHCARD QUESTION
Front
If a company invests in training their employees, they are improving their .......
Back
Human Capital
4.
FLASHCARD QUESTION
Front
How do you calculate GDP per capita?
Back
Take the GDP and divide it by the Population.
5.
FLASHCARD QUESTION
Front
Which is data is better when comparing Country economies? Options: GDP, GDP per capita, Human Capital, Capital Goods
Back
GDP per capita
6.
FLASHCARD QUESTION
Front
Is it better to be literate or illiterate?
Back
Literate
7.
FLASHCARD QUESTION
Front
What is Literacy?
Back
The ability to read and write.
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