SS6E9 Standard Test

How do literacy rates affect their standard of living?

• The higher the literacy rates the lower the standard of living.

• The higher the standard of living the lower the literacy rate.

• The higher the literacy rates the higher the standard of living.

• The lower the literacy rates the higher the standard of living.

A country investing in education

• Human Capital

• Capital Good

A country investing in skills

• Human Capital

• Capital Good

Human capital includes the ______________ people use to produce goods and services.

• Raw materials

• Factories machines, & technology

• Skills, knowledge, and experience

A country can increase its human capital by investing in _______________

• Education for its citizens

• New machinery for factories

• Railroads and airports

Which statement best describes the relationship between a country's investment in capital goods and its gross domestic product (GDP)?

• Investments in capital goods typically lead to a decrease in GDP.

• Investments in capital goods typically lead to an increase in GDP

• A decrease in GDP typically leads to investments in capital goods

• A increase in GDP typically leads to investments in capital goods

Which is an example of a natural resource?

• Forests

• Highways

• Education

• Factories

What is the correct correlation (relationship) between natural resources and GDP?

• GDP goes down when there is an abundance of natural resources.

• GDP goes up when there is an abundance of natural resources.

Able to read and write in one’s native language.

• Literacy Rate

• Literate

• Public sector

• Natural Resource

The percent of a nation’s population over the age of 15 who are able to read and write.

• Literate

• Private sector

• Public sector

• Literacy Rate