Economic Factors of Production

Machines, computers, phones, etc are which type of investment

• Capital
• Human Capital
• Entrepreneurs 
• Natural Resrouces

Training and education are which type of investment

• Capital
• Human Capital
• Entrepreneurs 
• Natural Resrouces

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

• Human Capital
• Physical Capital
• Natural Resources
• Entrepreneurs 

Healthcare counts as which type of investment?

• Human Capital
• Physical Capital
• Natural Resources
• Entrepreneurs 

As literacy decreases, the standard of living usually

• increases
• stays the same
• doesn't change
• decreases

Literacy would be an investment in

• capital
• human capital
• real investment
• GDP

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

• Standard of living
• Literacy Rate
• Poverty
• Amount of money made in a country

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

• non renewable natural resources
• renewable natural resources
• human capital
• physical capital

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

• human capital
• capital
• renewable resources
• non renewable resources

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

• higher GDPs
• higher literacy rates
• low investments renewable natural resources
• lower literacy rates