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Economic Growth
| Term | Definition |
|---|---|
| Human Capital | Investing and employees and their education. This will increase GDP |
| Capital Goods | Investing in updated tools and technology. This will increase GDP. |
| Literacy Rate | Percentage of people that can read and write |
| Standard of Living | The overall well-being of a nation. A high literacy rate will make this high as well. |
| Entrepreneur | A person that takes a risk by starting a new business |