Natural Resources: The materials or substances that come from nature., , , , , Capital Goods: The man-made materials needed to produce goods and services., , New machinery, technology, and technology , , , Human Capital: The talent and skill of people., , , Investing in health, education, and training , , Entrepreneur: The people with new ideas for products and services., Steve Jobs, Henry Ford, Risk your own money for a new business. , Risk your own resources to start a new business. , Gross Domestic Product: GDP, The estimated total value of all the final goods and services produced in a nation in a year’s time., A nations worth, Measures the economic strength of a nation., Investing in human capital and capital goods increase a countries _________________. ,
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Factors of Economic Growth
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Sewelltr
6th Grade
Social studies
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