| A | B |
| Literacy Rate | Economic factor most closely linked to improving a country's standard of living? |
| High Literacy Rate | Usually equals a high standard of living and skilled workers |
| Human Capital | Refers to Education, Training, and Skills of Workers |
| GDP | Is effected by human capital investment |
| Capital Goods | Examples are factories and machines |
| Efficiency | The effect of investing in capital goods |
| Oil Distribution | ITs effect means countries with more oil are wealthier |
| Israel | Country with improved technology and education. |
| Entrepreneurship | Starting and running a business |
| Economic Growth | Creates jobs and new products through entrepreneurship |