5.1
There are more __ than there are available resources and goods.
Wants
The struggle among producers for your money is called __.
Competition
The word meaning moving out of a country
emigrate
The beliefs, customs, practices, and behaviors of a particular nation or group of people
Culture
The movement of new settlers and their culture to an area. It may lead to cutting down forests to plant new crops.
Colonization
The cost of what you have to give up when you do something else is called __.
Opportunity cost
The United States has a __ economy, where our needs and wants are taken care of, but there is a lack of freedom and/or equality.
Mixed
Factors that attract people to a new country
Pull factors
A behavior that is considered "normal" for a society.
Norm
The development of machine-powered production and manufacturing
Industrialization
The amount of goods and supplies available is called __.
Supply
The money left after subtracting all costs of production is called __.
Profit
Movement of people from one place to another
Migration
While norms last a long time, __ do not last long.
Fads
Useful material found in the environment
natural resource
__ encourages people to act in a certain way. An example would be king-sized candy bars given out to students who are ready for class on time.
Incentives
An increase in supply means a __ in price.
decrease
Factors that force people to leave their home country are called __.
Push factors
Area or region where a single culture or cultural trait is dominant.
Culture Region
These are examples of this kind of resource:
Wind
Solar
Water
Trees
Renewable
The 3 factors of production (things needed to make a good) are __.
Land
Labor
Capital (Money)
Competition among producers causes a __ in prices.
decrease
The word meaning to move into a country
Immigrate
Geographic area that has been shaped by people
Cultural landscape
These are examples of __ resources:
Coal
Natural Gas
Uranium
Diamonds
Nonrenewable