Social Institutions
Economic Indicators
Industries
Factors of Production
Economic Systems
100
This institution takes care of and protects children until they are old enough to take care of themselves.
What is family?
100
Number of people that can read and write. Gives information about education system.
What is literacy rate?
100
This industry focuses on growing crops and raising livestock.
What is the agricultural industry?
100
The things you need to start a business.
What are factors of production?
100
Also known as free enterprise, in this economic system the government has very little control over business and people can own their own property/business.
What is capitalism?
200
This institution teaches and prepares young people for future careers.
What is education?
200
The amount of babies that die before reaching a year old. This number gives information about the healthcare system in a country.
What is infant mortality rate?
200
Businesses that sell directly to consumers.
What is the retail industry?
200
The person who comes up with the idea and takes the risk to start a business.
What is entrepreneur?
200
This economic system is based on customs and people use barter or trade to get what they need.
What is traditional?
300
This institution helps people understand life and death and the difference between good and bad.
What is religion?
300
This tells information about how long people are expected to live. Gives insight into the healthcare system.
What is life expectancy?
300
This industry focuses on making things from raw materials.
What is the manufacturing industry?
300
The money, tools and machinery needed for a business.
What is capital?
300
In this economic system, the government runs, owns and controls all of the businesses.
What is communism?
400
A system of leaders and laws that help people live safely together in their country.
What is government?
400
Another way to write per person.
What is per capita?
400
Businesses that provide services rather than goods.
What is the service industry?
400
The people who work FOR a business or company.
What is labor?
400
In this system, the government runs certain industries, like heath care, utilities and education, but people ARE allowed to own private businesses.
What is socialism?
500
This institution is a system of using resources to meet peoples needs.
What is the economy?
500
The amount of money a country makes in a year divided by the population.
What is GDP/Capita?
500
Businesses that sell goods to other businesses.
What is wholesale industry?
500
The natural resources used in a business.
What is land?
500
The Soviet Union has this type of government and economic system.
What is communism?
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