History
Who was the leader of the Aztecs?
Montezuma
Cacao trees grow close to the...
Equator
Things that people make or grow, usually to sell are called __________.
Goods
Food and water, air, shelter, and love are examples of ______.
Needs
iPads, Xbox, Phones, Toys, Books are all examples of _____________.
Wants
Before Europeans arrived in Mexico, cocoa beans were grown by whom?
Nib
Activities that people do for others, usually for pay are called ________.
Services
Imports
What are two ways the Aztecs used the cacao beans?
Drink, money, food, medicine
Who was the first person to bring chocolate to Europe?
Hernan Cortes
Cacao Flowers
People who buy or use goods and services are called _____.
Consumers
Exports
What is Milton Hershey known for BESIDES chocolate?
Philanthropist, opening an orphanage, school and donating money to charity
Before he went to Mexico, Cortes was mayor of this place
Santiago de Cuba
This company was ONE of the first chocolate companies in America.
Hershey's
The person or business that provides goods and services is called a ______
Producer
The amount of money leftover over after paying for expenses is called _________.
Profit
A good is something you can hold and physically touch.
A service is something people do for you and get paid.
Cortes and his men burned Tenochtitlan and built what on the ruins?
Mexico City
What tiny insect pollinates the flowers which later turn into pods?
Midges
Examples: teacher, doctor, dentist, hairdresser, lawn mower service...etc.
The costs that go along with doing business; for example, electricity or rent. (*Hint* put your hands over your head)
Overhead
If a donut company has a lot of supply but the demand is low, what could the company do to make it balanced?
Lower the prices