Ch 62: CLEP Social Sciences and History: Economic Growth and Productivity

About This Chapter

In this Economic Growth and Productivity chapter, you'll learn about various economic principles. Through the informative video lessons in this chapter, you'll explore productivity as it relates to macroeconomics, and you'll learn about the utilization of human and physical capital in the production process. Test your retention with the self-assessment quizzes that follow the lessons.

CLEP Social Sciences and History: Economic Growth and Productivity - Chapter Summary and Learning Objectives

Use the video lessons in this chapter to discover how technology enhances productivity. The lessons teach you how the real gross domestic product per capita is calculated and provides real-life examples of physical capital. After watching these video lessons, you might understand the:

  • Definition of labor productivity
  • Factors that affect a standard of living
  • Significance of research and development in the creation of new technologies
  • Various methods of investing in human capital

Video Objective
Economic Growth, Productivity and Policy Discuss government policies that help to promote economic growth.
How Real GDP Per Capita Affects the Standard of Living Learn about the factors that influence a country's standard of living.
Productivity & Investment: Technology, Human and Physical Capital Discover the ways in which skills and education contribute to productivity and the overall economy.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the CLEP Social Sciences and History: Study Guide & Test Prep course