Investing in new physical or human capital can increase future productivity and consumption, but such investments require the sacrifice of current consumption and entail economic risks.
Standard detail
3.
Benchmark
Depth 1Parent ID: 74DCC41AE34846B58E331D5D3CFB05CBStandard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 3.
- List ID
- 3.
- Standard ID
- 0815E103FEB6418E98B07D3A9E5E208C
- ASN identifier
- S2604825
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 74DCC41AE34846B58E331D5D3CFB05CB
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US