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Economies of Europe

Authored by Clayton Young

Social Studies

6th Grade

Used 2+ times

Economies of Europe
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13 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define Gross Domestic Product

the total value of goods and services produced in one year

the percent increase in GDP from one year to the next

A country's GDP divided by its total population

organization of ideas to start a business

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A country's GDP divided by it total population.

GDP per capita

Gross Domestic Product

organization of ideas to start a business

the percent increase in GDP from one year to the next

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Training workers at West Georgia Tech is an example of

human capital

capital goods

entrepreneurship

natural resources

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ford purchasing foam for seats is an example of

capital goods

human capital

entrepreneurship

natural resources

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Exxon drills oil to refine it to make gasoline. This is an example of

natural resources

human capital

entrepreneurship

scarcity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Organization of ideas and resources to start a business

entrepreneurship

human capital

capital goods

raw materials

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does investing in human capital help an economy?

It increases literacy and allows citizens to work high paying jobs

it encourages businesses to layoff workers

It gives the government incentives to give loans to other countries

It helps to support entrepreneurs.

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