Economic Terms
Lemonade War
Economic Terms
Chocolate Trivia
The History of Chocolate
The Production Process
100
Something that you would like to have vs something that you must have to survive.
What is wants vs needs?
100
an association between two or more people in a business or venture, usually sharing its risks and profits
What is a partnership?
100
Can be red, orange, or yellow when ripe; white pulp and 30 - 40 beans inside; must be split open with a big knife
What is a cacao pod?
100
This famous explorer brought the cacao bean back to Spain.
Who was Christopher Columbus?
100
The farms where most cacao beans grow
What are plantations?
200
When there is not enough of something
What is scarcity?
200
rivalry between two or more persons or groups for something that everyone involved wants
What is competition?
200
The most popular type of chocolate in the United States
What is milk chocolate?
200
This United States company began making chocolate powder in 1780.
What is the Baker's Chocolate Company?
200
These are used to shape the liquid chocolate paste before cooling and wrapping.
What are molds?
300
Instead of using money to get a product you "trade" for it.
What is barter?
300
to sell your product more cheaply than your competitor
What is underselling?
300
The biggest chocolate-buying holiday of the year
What is Halloween?
300
The first people to add milk to chocolate
Who are the Swiss?
300
As nibs are ground in grinding machines, this is the liquid that is produced.
What is chocolate liquor?
400
This is what you have to give up when you make a choice, or it is the option that you do not choose.
What is opportunity cost?
400
a partnership in a business enterprise or speculation in which something is risked in the hope of profit
What is a joint venture?
400
The word most often used to describe unsweetened chocolate
What is bitter?
400
This chocolatier created a candy bar for the troops during WWII.
Who was Milton Hershey?
400
After the roasting and removal of shells the meaty part of the bean remains.
What are "nibs?"
500
The amount of something that you have vs the amount that is needed for your consumers
What is supply vs demand?
500
a discussion set up or intended to produce a settlement or agreement
What is a negotiation?
500
The street lights in this famous American town are shaped like this candy. (two answers)
What is Hershey, PA; Hershey kisses?
500
This famous emperor used cacao beans as money.
Who was Montezuma?
500
When all the ingredients (sugar, cocoa powder, cocoa butter, milk, and/or vanilla, etc.) are mixed together until smooth
What is conching?
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