Australia: Factors that Influence Economic Growth

Match it! Select the correct answer from the pull down...Good luck!

One factor which can impact a nation’s GDP is its level of investment in _______ like the factories, machinery, and technology that businesses need.

This is the part of the economy owned and operated by the national government.

To ensure a healthy and growing GDP, nations must invest in _______ like the healthcare education, and training of a nation’s workers.

This is the part of the economy owned and operated by private citizens.

These are people who risk their own money and resources to create a new business or service.

___________ like coal, iron ore, natural gas, oil, gold, silver, copper, and uranium also affect Australia's GDP.

Australia has a 99% overall literacy rate so the standard of living for most people is _______.

Low literacy rates typically correlate to lower ___________.