Industries
This is defined as "people's hard work to make a living".
What is "Industry"?
This industry extracts natural resources from the earth.
What is Primary Industry?
This is a country's ability to produce new things.
What is Wealth?
In this, businesses can compete for buyers with limited government interference.
What is a Free Market?
Agriculture
What is a Primary Industry?
These are the five categories of service jobs.
What is Infrastructure, Trade, Finance, General Services, and Government?
This is the Primary Industry in which people use subsistence to survive.
What is Agriculture?
These countries have a wide range of industries that take full advantage of their people's skills.
What is a Developed Country?
In this economic system, the government owns the major industries and promises to make production decisions for the welfare of society, but citizens still have a choice of where to work and help determine how much they make.
What is Socialism?
Manufacturing
What is a Secondary Industry?
These are produced by Primary and Secondary Industries and are tangible.
What are Goods?
What are Capture and Aquaculture?
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This is the total value of goods and services made by workers inside a country in one year.
What is the Gross Domestic Product?
In this, individuals or corporations build most industries, risking their own capital in hopes of making a profit.
What is Capitalism?
Transportation
What is a Tertiary Industry?
This service job category is further divided into these three parts.
What is Infrastructure, which is divided into utilities, transportation, and communication?
These are the four useful properties of Metals.
What are Shiny, Malleable, Ductile, and Conductive?
One term describes taxes on imports or exports; one term describes a ban on importing or exporting certain products or trading with a particular country.
Name both terms - in order.
What are Tariffs and Embargoes?
In this economic system, the government determines which industries are developed, what they produce, and who gets what is produced.
What is a Command Economy?
Trash collection
What is a Tertiary Industry?
These are the names of the three physical states of fossil and hydrocarbon fuels.
What are Coal, Petroleum, and Natural Gas?
These are intangible, and link people with the goods they need.
What are Services?
These countries often have unstable governments or cultural habits that discourage initiative and progress.
What are Least Developed or Underdeveloped Countries?
In this economy, citizens can own property and businesses, but the government regulates their choices.
What is a Mixed Economy?
Mining
What is a Primary Industry?