Early Settlers
Trade
Free Trade
The Economy
Transpotation and Communication
100
What might have drawn the first Americans to North America?
What is they followed a migrating herd of animals?
100
Something that a person must have to live is a What?
What is a need?
100
The resources of a country, state, region, or community and how the resources are managed is an
What is an economy?
100
Businesses have the right to produce any goods or provide any service that thay want in an what?
What is a free enterprise system?
100
How does transportation help economically interdependent regions?
What is it helps the interdependent regions get the resources they need?
200
Which of the following is NOT a change that occurred in the late 1800s? A.) More people moved from cities to rural areas. B) Industries grew near the sources of raw materials. C) Many people left farming to work in the cities. D) Railroads expanded across the country.
What is more people moved from cities to rural areas?
200
Something that a person would like to have, but can live without is a what?
What is a want?
200
What roles do producers play in the economy?
What is they make goods or products to sell for a profit?
200
In a free enterprise economy, a business operates on what system?
What is supply and demand?
200
The moving of goods, people, or animals from one place to another is what?
What is transportation?
300
Why did many settlers move westward during the early 1800s?
What is to find more land?
300
How did people barter to get the things they needed?
What is they traded goods and services they had had for those they needed?
300
How does a business make a profit?
What is it sets the price for its goods or services high enough to pay for its costs and to have money left over?
300
Which is NOT a way in which people contribute to the nation's economy? A) learning the skills needed in the workplace B) producing goods and services C) buying and selling goods D) trading by barter
What is trading by barter?
300
The way that people send and receive information is what?
What is communication?
400
How could farmers in the 1700s and 1800s earn extra money?
What is they could sell their extra farm products to others?
400
People who make goods or products to sell are called what?
What are producers?
400
What might happen if a business makes more of a product than people want to buy?
What is the price of the product will likely decrease?
400
What you give up when you choose one thing over another is what?
What is an opportunity cost?
400
Which of the following is an example of globalization? A) The parts of a computer are made all around the world. B) Dairy farms in Wisconsin make ice cream from milk. C) A local pizza restaurant holds a fundraiser to support a worldwide cause. D) Bob's Bike Shop is located on 321 Main Street in Yellow Springs.
What is the parts of a computer are made all around the world?
500
What 1848 discovery led many people to move to California?
What is gold?
500
A person who buys goods or services is called a what?
What is a consumer?
500
If the supply of a popular product is much less than the demand for it, what likely will happen to the price?
What is it will likely go up?
500
How are the regions of the United States interdependent?
What is they rely on one another for goods, services, and resources?
500
Which of the following factors has NOT increased world trade? A) globalization B) barter C) communication D) transpotation
What is barter?
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