SS6E3 Factors Of Economic Growth In Latin America

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How can we increase a country's GDP per capita? Options: Increase the unemployment rate, Invest in education and healthcare, Increase the poverty rate, Increase the tax rate

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Invest in education and healthcare

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How can a country increase their GDP? Options: Spend less money on education, Spend less money on healthcare, Invest more money in technology, Spend less money on food

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Invest more money in technology

Front

What would Marta be MOST concerned with as an entrepreneur? Options: Is she a really good baker?, What type of baked goods would Cubans like?, Will the bakery make a profit in her home town?, Will she have access to quality baking ingredients?

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Will the bakery make a profit in her home town?

Front

According to the literacy rate data, which nation most likely has the lowest standard of living? Cuba, Brazil, Mexico, Nicaragua

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Nicaragua

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According to the data, which country has most likely invested the most in human capital? Options: Brazil, Colombia, Cuba, Mexico

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Mexico

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According to the data, which country has most likely invested the most in capital goods? Options: Brazil, Colombia, Cuba, Mexico

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Brazil

Front

Which statement most accurately describes the role of entrepreneurship in Latin America? Options: Entrepreneurship is rapidly growing since the government does not regulate or tax new businesses. Entrepreneurship is growing but there are many government obstacles and taxes entrepreneurs must face. Entrepreneurship is declining since many Latin Americans are finding government jobs. Many Latin America governments give entrepreneurs generous tax breaks and incentives to start new businesses.

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Entrepreneurship is growing but there are many government obstacles and taxes entrepreneurs must face.

Front

What type of investment do the images reflect?

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capital goods

Front

Which of the following statements is TRUE concerning literacy rates and standard of living? Mexico with its low literacy rate will never be able to raise the standard for their citizens due to language barriers and traditions. All Latin American countries with high literacy rates enjoy a high standard of living due to the employment and prosperity of their citizens. Brazil with its low literacy rate has been able to overcome and achieve high standards of living for its citizens through hard labor and determination. Cuba has a high literacy rate though its citizens live with unemployment and poverty due to the mismanagement of economies by the corrupt government.

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Cuba has a high literacy rate though its citizens live with unemployment and poverty due to the mismanagement of economies by the corrupt government.

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What is one conclusion you can draw from the chart? Options: Mexico, Brazil, and Cuba grow the same crops. Mexico and Brazil produce more agricultural products than Cuba. Mexico, Brazil, and Cuba all have land that can be used for farming. Mexico and Cuba rely on mineral resources more than Brazil.

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Mexico, Brazil, and Cuba all have land that can be used for farming.