1. Factors of Economic Growth (I)
7th grade Social Studies

2. SS7E10
SS7E10:
The student will describe factors that influence economic growth and examine their presence or absence in India, China, and Japan

3. SS7E10a
Explain the relationship between investment in human capital (education and training) and gross domestic product (GDP)

4. SS7E10a Human Capital: Education and training
The money spent to educate and train workers in how to use new technology

5. SS7E10a Investment in human capital Workers are more properly trained
GDP rapidly increases

6. SS7E10a No investment in human capital
Workers are not properly trained
GDP does not rapidly rise

7. SS7E10b
Explain the relationship between investment in capital (factories, machinery, and technology) and gross domestic product (GDP)

8. SS7E10b
Capital Goods:
Factories, machinery, and technology used to make other goods

9. SS7E10b
Investment in capital goods
GDP rapidly increases

10. SS7E10b
No investment in capital goods
GDP does not rapidly increase