Podcast
Questions and Answers
What determines a nation's productive resources?
What determines a nation's productive resources?
- Natural resources and human capital
- Capital goods and entrepreneurship
- GDP per capita
- All of a nation's productive resources (correct)
What is a key function of natural resources in a country's economy?
What is a key function of natural resources in a country's economy?
- To export to other countries
- To increase the country's GDP
- To establish markets for key products (correct)
- To provide labor for industries
Which country is rich in natural resources like copper, coal, and iron ore?
Which country is rich in natural resources like copper, coal, and iron ore?
- Southeast Asia
- China
- Japan (correct)
- India
What is an example of a capital good?
What is an example of a capital good?
What happens when a country invests in its capital goods?
What happens when a country invests in its capital goods?
What is the result of investment in better machines and updated factories?
What is the result of investment in better machines and updated factories?
What is the role of entrepreneurs in the economy?
What is the role of entrepreneurs in the economy?
Why might an entrepreneur take a risk to start a business?
Why might an entrepreneur take a risk to start a business?
What hinders entrepreneurship in some countries?
What hinders entrepreneurship in some countries?
Which country has made it easy for entrepreneurs to set up businesses?
Which country has made it easy for entrepreneurs to set up businesses?
How long does it take, on average, to start a new business worldwide?
How long does it take, on average, to start a new business worldwide?
How many days does it take to start a new business in Japan?
How many days does it take to start a new business in Japan?
What do productive resources include?
What do productive resources include?
What is the main role of natural resources in a country's economy?
What is the main role of natural resources in a country's economy?
What affects which industries develop in a country?
What affects which industries develop in a country?
What can be inferred about a country's standard of living when its GDP per capita is compared to that of the United States?
What can be inferred about a country's standard of living when its GDP per capita is compared to that of the United States?
Which Southeast Asian country has the lowest GDP per capita?
Which Southeast Asian country has the lowest GDP per capita?
What is the impact of natural resources on a region's standard of living?
What is the impact of natural resources on a region's standard of living?
What is the primary reason why many SE Asian countries are investing in colleges and universities?
What is the primary reason why many SE Asian countries are investing in colleges and universities?
Which of the following countries has a self-reported national literacy rate of approximately 100%?
Which of the following countries has a self-reported national literacy rate of approximately 100%?
What is the main challenge facing North Korea's economy despite its high investment in education?
What is the main challenge facing North Korea's economy despite its high investment in education?
Which countries are investing aggressively in programs to train their people for specific jobs and industries?
Which countries are investing aggressively in programs to train their people for specific jobs and industries?
What is the characteristic of education in North Korea?
What is the characteristic of education in North Korea?
What is the significance of Cho's experience in education and technology?
What is the significance of Cho's experience in education and technology?
What is the consequence of a country's government imposing many regulations on businesses?
What is the consequence of a country's government imposing many regulations on businesses?
What is the name of the fashion e-commerce site founded by Vivy Yusuf?
What is the name of the fashion e-commerce site founded by Vivy Yusuf?
What is special about the brand 'duck'?
What is special about the brand 'duck'?
How has the government of South Korea treated entrepreneurship?
How has the government of South Korea treated entrepreneurship?
What happened to Glow Recipe after appearing on ABC's Shark Tank?
What happened to Glow Recipe after appearing on ABC's Shark Tank?
