1. Economies in Africa

2. GDP  Gross Domestic Product  The total market value of the goods and services produced by a country in a specific year.  Tells if a country is growing economically.

3. Human Capital  The people working to produce goods and services.  We invest in people through EDUCATION and training.  Investment in human capital  higher GDP

4. Capital  Manmade things we use to help us work.  Examples: Factories, machinery, technology, and money.  Investment in capital  higher GDP

5. Natural Resources  Materials that come directly from nature.  Examples: Oil, metals, and wood.  More natural resources  higher GDP

6. Entrepreneurship  When someone has an idea for a good or service and takes the risks to produce it.  Encouragement of entrepreneurship  higher GDP