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Economic Growth

QuestionAnswer
capital goods all of the money, equipment, and goods needed to make a product
natural resource any material that is part of the earth that is needed and valued by people
economic growth a measure of a nation's growth in the output of goods and services
human capital the measure and value of an employee's skills
gross domestic product (GDP) the value of all the goods and services produced within a country in one year's time
Created by: bschappell
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