1. Identify and label the
six characteristics that
affect Economic Growth.
(Starts on page 21)
2. Complete the Circular
Flow of Economic
Activity.
(Starts on page 25)
3. Read the section on
4. Illustrate how
the importance of Human economic growth affects
Capital, review figure 1.8,
the production
and then answer the
possibilities curve.
question.
(Starts on page 22)
(Starts on page 22)
1.
Characteristics of Economic Growth
2.
Circular Flow of Economic Activity
Economic
Growth
Business
Global, National, and
Local Factor Markets
3.
Human Capital
Economic Growth
Production Possibilities Curve
4.
Phones
Why would an investment in education lead to better wages?
Tablets