Tera Project

  • June 2020
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GDP Capital By: Eboni , Taylor , Rakira , Antwyona

Standard 

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

Capital 

The relationship between oil capital and entrepreneurship is that they all can benefit the economy.



The relationship between oil capital and entrepreneurship is that they all can benefit the economy.



What capital includes is……







 

-how many factories you have -the type of machinery -what type technology it is

(GDP) 

Gross Domestic Product



The more advanced countries technology will increase the state in which (GDP) is in .



The (GDP) can be defined in 3 ways.

Oil 

Saudi Arabia (GDP) is oil because it’s economy is mostly based upon it with money and different things.



Turkey doesn’t have any oil so its economy isn’t based on oil at all.

Entrepreneurship 

The more businesses you start the more your Gross Domestic Product would go up.

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