Factors of Economic Growth Vocabulary SS6E9

Literacy Rate

• the percentage of adults who can read and write

• the ability to read and write

• None of the above

• how well or how poorly a person or group live in terms of having their needs and wants met

how well or how poorly a person or group live in terms of having their needs and wants met...

Education, training, skills and health care of the workers in a business or country.

• capital goods

• none of these

• human capital

• natural resources 

The total value of the final goods and services produced within a country in one year.

• GDP per capita

• GDP

• capital goods

• none of these

GDP per capita

• literacy rate

• GDP

• The GDP divided by the number of people in a country

capital goods

• tools used in the production of goods and services

• something that comes from Earth or nature that is useful to humans

• Education, training, skills and health care of the workers in a business or country.

something that comes from Earth or nature that is useful to humans

• human capital

• capital goods

• natural resources

• none of the above

A person who brings together natural, human and capital resources to produce goods or services; a person who has creative, innovative ideas about new goods or services that people might want, or better ways to produce existing goods or services.

• entrepreneur

• human capital

• GDP per capita

• none of these

the ability to read and write

• Literacy rate

• standard of living

• literate

• None of the above