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Economic 
GROWTH Part 3
Look at the three graphs you created. 
Answer the following question: 
What conclusions can you draw 
about the countries you 
selected based on information 
in the graphs you created? 
Include some of the statistical information 
you discovered to support your answer.
REVIEW: 
THE “RECIPE FOR GROWTH”
REVIEW: 
HUMAN CAPITAL 
The skills and education of workers.
CAPITAL DEEPENING: 
Increasing human or physical capital. 
The aggregate economy can experience capital 
deepening when the economy shows a higher 
level of physical or human capital per person.
CAPITAL DEEPENING: 
Human and physical capital are equally important to growth.
ECONOMIC FREEDOM: 
The freedom to choose how to produce, sell, and use 
your own resources, while respecting others' rights to do 
the same. The Fraser Institute publishes an annual report 
called “The Economic Freedom of the World.” 
Better 
Worse

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Growth Part 3

  • 2. Look at the three graphs you created. Answer the following question: What conclusions can you draw about the countries you selected based on information in the graphs you created? Include some of the statistical information you discovered to support your answer.
  • 3. REVIEW: THE “RECIPE FOR GROWTH”
  • 4. REVIEW: HUMAN CAPITAL The skills and education of workers.
  • 5. CAPITAL DEEPENING: Increasing human or physical capital. The aggregate economy can experience capital deepening when the economy shows a higher level of physical or human capital per person.
  • 6. CAPITAL DEEPENING: Human and physical capital are equally important to growth.
  • 7. ECONOMIC FREEDOM: The freedom to choose how to produce, sell, and use your own resources, while respecting others' rights to do the same. The Fraser Institute publishes an annual report called “The Economic Freedom of the World.” Better Worse