Relationship Between Capital And Gdp

Relationship between Capital and GDP

BY:Shanda Strong

Standard SS6E7.b

Explain the relationship between investment in capital (factories , machinery, technology) and Gross Domestic Product (GDP)

Relationship between Capital and GDP The relationship between capital and is that the more capital you have the better the GDP would be because the GDP is dealing with money and the economy so the more technology you have the more money the government will make and that will increase the GDP.

Natural resources in an economy

The country that has the most useful natural resources the GDP goes up . Like oil,wool, etc the country that has the most of that get other countries to buy those resources that they need.

Entrepreneurship

This is when a group of people assemble resources. This would help the economy because the more businesses the more people buy things and the GDP goes up.