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Activating Strategy: Concept Attainment Activity.

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Presentation on theme: "Activating Strategy: Concept Attainment Activity."— Presentation transcript:

1 Activating Strategy: Concept Attainment Activity

2 How do natural resources affect a country’s economy? SS6E3c, SS6E7c, SS6E10c. Describe the role of natural resources in a country’s economy. SS6E3c, SS6E7c, SS6E10c. Describe the role of natural resources in a country’s economy.

3 Use the Factors that Influence Economic Growth Graphic Organizer to take notes during the presentation.

4 Economic Growth There are 4 main factors that influence economic growth within a country:  Land [natural resources] available  Investment in Human Capital  Investment in Physical Capital  Entrepreneurship The presence or absence of these 4 factors determine the country’s Gross Domestic Product for the year

5 Natural Resources Natural Resources are materials or substances that occur in nature and can be used for economic gain.

6 Natural Resources With a seat partner, discuss the following question: How does the presence or absence of natural resources impact a country’s economy [GDP]?

7 Natural Resources Countries that have a lot of natural resources are able to use them to produce goods and services cheaper than a country that has to import natural resources. Therefore, a country with a lot of natural resources USUALLY has a greater GDP than a country with little natural resources.

8 Comparing Natural Resources Worksheet


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