Economic Growth Factors
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| Human Capital | The skill and education of a human resource
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| Capital Goods | Anything that is used over and over again to produce another product
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| Natural Resources | Something that comes from nature
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| Entrepreneur | Someone who risks his/her money to start a business
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| Gross Domestic Product (GDP) | The value of all goods and services produced in a country in a year
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| Gross Domestic Product per capita (GDP per capita) | The average amount of money a person makes in a country in one year
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| Literacy Rate | The percentage of people (over age 15) who can read and write
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| Productive Resources | Natural, human, and capital resources used to make goods and services
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| Standard of Living | Goods and services per person in a country - The quality of life based on the possession of necessities and luxuries that make life easier
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| Industrialized Countries | Wealthy countries - Many Industries - Lots of Technology - High standard of living - Many advanced job opportunities - Economic Growth
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| Third World Countries | Poor countries - Low standard of living - Few advanced job opportunities - Little to no economic growth
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| Death Rate | The number of deaths per 1,000 people in an area
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| Infant Mortality Rate | The number of deaths in the first year of life for every 1,000 live births
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| Invest | To put time and money into something
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