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Match the Term or Description with the Appropriate Phrase

question 4

Multiple Choice

Match the term or description with the appropriate phrase. You may use each answer once, more than once or not at all.
-geostrophic current


Definitions:

Capital Goods

Long-term assets such as machinery, buildings, and equipment used by businesses to produce goods and services.

Economic Development

The process through which a nation improves the economic, political, and social well-being of its people.

Saving and Investment

The act of setting aside income for future use and the use of those savings for purchasing capital goods or financial assets.

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