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Published byVerity Henry Modified over 9 years ago
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Activating Strategy: Concept Attainment Activity
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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.
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Use the Factors that Influence Economic Growth Graphic Organizer to take notes during the presentation.
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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
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Natural Resources Natural Resources are materials or substances that occur in nature and can be used for economic gain.
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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]?
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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.
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Comparing Natural Resources Worksheet
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