This lesson aligns with the following standards:
SS6E3 The student will describe factors that influence economic growth and examine their presence or absence in Europe
a.Explain the relationship between investment in human capital (education and training) and gross domestic product (GDP).
b.Explain the relationship between investment in capital (factories, machinery, and technology) and gross domestic product (GDP).
c.Describe the roll of natural resources in a country’s economy.
d.Describe the role of entrepreneurship.
This lesson includes:
-Formative Assessment for Learning