Economic Growth Factors

Economic Growth Factors

6th - 8th Grade

14 Qs

quiz-placeholder

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Economic Growth Factors

Economic Growth Factors

Assessment

Quiz

Social Studies, History

6th - 8th Grade

Medium

Created by

Victoria Inman

Used 162+ times

FREE Resource

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which answer choice below defines literacy rate?

Machines, tools, and factories use to make products and goods

The training that workers need to be good at their job

The amount of people over 15 in a country that can read write

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What would be the result of the actions in the sentence below ?

A country builds schools and universities and invest in other education programs for its population to attend.

The population will buy more capital goods

The population will have a high literacy rate

The country’s workforce will decrease

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

How does literacy influence economic growth?

People that can read and write cannot get better jobs and will not earn more money

People that can read and write, can secure better jobs and make more money. They can then spend that money

People with low literacy can work better jobs and make more money

4.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

An entrepreneur invests their own _____ into their business.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False?

Entrepreneurs create jobs for the population.

True

False

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

How do entrepreneurs influence economic growth?

They create and sell good and services, which people use money to buy

They only produce goods and services for themselves

They do not invest their own money, instead they take from the population

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Capital goods are…

A person that invests their own money in starting a business

The training that workers need to be good at their job

Factories,tools and machines used to produce other goods and products

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