Factors of Economic Growth

Open Ended

What are you learning about?

Poll

There are ________ factors of production that influence economic growth.

• 5

• 4

• 2

• 3

Open Ended

What does GDP stand for?

Multiple Select

Describe GDP?

(Choose all that apply)

• It measures how rich or poor a country is

• The total amount of people living in a country

• Total value of all the goods and services produced in a country in a year

• It shows if the country is getting better or worse

Draw

Draw an example of a Natural Resource

Open Ended

How do Natural Resources affect a country's GDP?

Multiple Choice

What is Human Capital?

• Gross Domestic Product

• Resources found in the earth

• Skills, Talents, Education of Human workers

• People who provide money to start a business

Multiple Choice

Define Literacy Rate

• The number of people over 15 years old read regularly

• The number of people over 15 years old that can read

• The number of people over 15 years old with a learner's permit

• The number of people over 15 years old that speak a foreign language

Fill in the Blanks

Nations that invest in human capital will have a more

workforce.

Draw

Draw an example of a Capital Good

Open Ended

Why would a country need to invest in Capital Goods?

Open Ended

If you were an entrepreneur, what would your creative idea be?

Multiple Choice

How do you measure Economic Growth?

• Look at a country's GDP each year

• Look at a country's Natural Resources each year

• Look at a country's Imports each year

• You can not measure Economic Growth

Open Ended

Describe "Standard of Living"

Multiple Select

What are the 4 Factors of Economic Growth?

(Click All that Apply)

• Natural Resources

• Human Capital

• Exports

• ^{Entrepreneurship}

• Capital Goods

Any Questions???

​Is your Notes Organizer completely filled out?

Sticky Note Review

​Vocabulary Words are on large sticky notes!

You will write what you know about each vocabulary word WITHOUT your notes!!​

You CAN NOT write what someone else has already written!!

You can write definitions, examples, or how it affects Economic Growth!!

THIS IS A QUIET ACTIVITY!!!!

IF you run, horseplay, touch anyone, or get loud, you will be given a SEATED assignment​!

No more than 2 people at a sticky note.............​

​Can you handle this activity????

Factors of Economic Growth Matching Activity

Some text here about the topic of discussion