GDP, Human Capital, Physical Capital (Capital Goods), and Trade

GDP, Human Capital, Physical Capital (Capital Goods), and Trade

6th Grade

16 Qs

quiz-placeholder

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GDP, Human Capital, Physical Capital (Capital Goods), and Trade

GDP, Human Capital, Physical Capital (Capital Goods), and Trade

Assessment

Quiz

Geography, Social Studies

6th Grade

Medium

Created by

Dillon Stuart

Used 182+ times

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16 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 5 pts

Media Image

Define GDP (Gross Domestic Product)

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Investing in Human Capital and Physical Capital will increase GDP.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

Why is it important for a country to invest in human capital?

All humans need capital to survive

Starting your own business is good for the economy

Countries that invest in the education and training of their people usually have a higher GDP

Countries that invest in new technology and machinery produce more and have a higher GDP

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

Which are examples of physical capital?

Iron ore, silver, wood, diamonds.

On the job training, public education.

Technology, machinery, buildings, tools.

Starting your own business or inventing something new.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Brazil sends university students abroad to study in other countries.

Human Capital

Capital Goods (Physical)

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Russia invests in the expansion of its ports.

Human Capital

Capital Goods (Physical)

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Canada is planning to build a city with Internet speeds 10 times faster than anywhere else in the world.

Human Capital

Capital Goods (Physical)

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