Question

Capital Goods & GDP
In your own words, why do you think having better machines or technology helps a country’s economy?

Write 2–3 complete sentences.
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Flag question: Question 2
Question 250 pts
Entrepreneurship


Entrepreneurs take risks to start new businesses.
Write one example of a business an entrepreneur could start and one benefit it might bring to the country.

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Answer 1

Better machines and technology let workers produce more goods and services faster and with fewer errors. That raises overall output, which can increase incomes, create jobs, and boost the country’s GDP.

An entrepreneur could start a solar-panel installation company. This would create jobs, lower energy costs, and reduce greenhouse gas emissions, helping the country’s economy and environment.