What is production?
Making products that people can buy
What is a market?
Where goods are bought and sold
Name a trading partner of USA
Water
Natural
What is a biography?
Text that tells true facts about a real person's life.
What is a factory?
A building where people make goods
What is importing?
Buying goods from another country to sell them in your country.
Which country exports the most goods in the world?
China
Builder
Human
What product did Henry Ford make?
Cars
What is a flow chart?
A step-by-step diagram that tells you how to do something. It usually has pictures.
What is exporting?
Selling goods made in your country to a different country.
Why do countries import goods?
A. To have things they can't make themselves
B. It's sometimes cheaper
C. It gives customers more choice
Farmer
Human
What products did Madame C.J. Walker make?
Hair care products
What is an assembly line?
A method of making things where workers complete one step of making each item.
What is an industry?
All of the people and companies that sell similar goods and services.
Why do countries export goods?
B. To move goods that they are not using
Crane
Capital
Why did lots of people buy Henry Ford's products?
He made cars much cheaper than other companies, so more people could afford them.
What are trading partners?
Countries that depend on buying and selling to each other.
What is demand?
How many people want to buy a product
Name a product that gets exported from Korea
Diamond
Natural
Why did lots of people buy Madame C.J. Walker's products?
A. She made them for a specific audience (African American women)
B. She trained her staff on selling skills