Economic Factors of Production

Front

Machines, computers, phones, etc are which type of investment? Options: Capital, Human Capital, Entrepreneurs, Natural Resources

Back

Capital

Front

Training and education are which type of investment? Options: Capital, Human Capital, Entrepreneurs, Natural Resources

Back

Human Capital

Front

Factories, buildings, and cars are which type of investment?

Back

Physical Capital

Front

Healthcare counts as which type of investment? Options: Human Capital, Physical Capital, Natural Resources, Entrepreneurs

Back

Human Capital

Front

As literacy decreases, the standard of living usually

Back

decreases

Front

Literacy would be an investment in

Back

human capital

Front

As the GDP of a country increases, the _______________ would not increase.

Back

Poverty

Front

Oil, natural gas, and coal are examples of which type of investment?

Back

non renewable natural resources

Front

Crops and animals would be an example of investing in which factor of production?

Back

renewable resources

Front

Many countries in Latin America have lower standards of living, which is usually connected with their ________________.

Back

lower literacy rates