GA Milestones Review.
AKS 56: examine factors that influence economic growth and examine their presence or absence in Europe
Teaching Goal 1: Students will be able to identify and define the four factors of production: human capital (human resources), capital goods (physical capital), natural resources, and entrepreneurship.
Teaching Goal 2: Students will be able to explain how investing in the factors or production impacts a country’s GDP.
Vocabulary included: human capital, capital goods (physical capital), natural resources, entrepreneur, investment, gross domestic product