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Productivity: The Economy's Long-Run Growth Engine

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following is NOT a determinant of the productivity of a nation?

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1. Human capital refers to which of the following?

2. Economists call the equipment and structures used to produce goods and services:

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About This Quiz & Worksheet

This quiz and worksheet set will gauge your knowledge of a nation's productivity factors. The quiz addresses the determinants of a nation's productivity and the meaning of human capital.

Quiz & Worksheet Goals

Use this printable worksheet and quiz to review:

  • Productivity factors
  • Features of productivity
  • Characteristics of labor productivity
  • Benefits of increased labor productivity

Skills Practiced

  • Interpreting information - verify you can read information regarding human capital and interpret it correctly
  • Reading comprehension - ensure that you draw the most important information from the related business lesson
  • Knowledge application - use your knowledge to answer questions about the benefits of increased labor productivity

Additional Learning

To learn more, review the lesson Productivity: The Economy's Long-Run Growth Engine. This lesson will help you:

  • Understand how a nation's standard of living is determined
  • Explain how to measure labor productivity
  • Identify the four main factors of nation productivity
  • Describe the characteristics of each factor
  • Appreciate why some countries grow more quickly than others
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