Capital and GDP in Latin America

How two or more things are connected

• sector

• obsolete

• GDP per capita

• capital

• relationship

factories, machinery, and technology

• sector

• obsolete

• GDP per capita

• capital

• relationship

outdated and slow

• sector

• obsolete

• GDP per capita

• capital

• relationship

the measurement of the annual income of citizens in a country

• sector

• obsolete

• GDP per capita

• capital

• relationship

Which best describes standard of living?

• money and material comforts available to citizens within their country

• a nation watching for new comforts to become available

• a union of workers demanding for improved rights

• trade barriers limited material comforts from entering the nation

In which sector does Brazil invest?

• automotive

• mineral refineries

• energy

• logging and coffee

What is capital?

• knowledge of another country

• skills of the military in another country

• A committee that regulates and maintains basic human rights

• Factories, machinery, and technology

Which will likely raise the GDP of a country?

• Picking trade partners

• Tariffs and banking

• Imports and Exports

• Investing in new technology for workers

A nation with a high GDP typically does NOT invest in human capital, while a nation with a low GDP DOES invest in human capital.

• true

• false

How is the economic growth of a country measured?

• By comparing to other countries

• By analyzing natural and produced resources

• By studying the types of cars and houses the citizens purchase

• By comparing the GDP of different years