Category 1
Category 2
Category 3
Category 4
Category 5
100
In order to start a business, a person needs ________ and __________.
capital
100
if you are a consumer you __________.
buy things
100
if we sell pencils to other countries then we _________ them.
export
100
Give an example of a raw material
timber
100
How are all raw materials alike?
They are natural resources that can be used.
200
How do people get what they need?
By buying goods with their income
200
What would you call Oscar Weissenborn?
An entrepreneur
200
Factories __________________ toys.
manufacture
200
Sugar is a ________ you need to make lemonade.
raw material
200
The dealer sold toys as fast as the ________ could manufacture them.
factory
300
An ___________ starts a business.
entrepreneur
300
When we buy things from other countries we ___________ them into our country.
import
300
Money is another name for _______.
capital
300
Buying an selling between countries is called _______.
international trade
300
People earn _____ by doing a job
income
400
An _____ gets people to buy something.
advertisement
400
The United States _____ products to other countries.
exports
400
You are a _______ when you buy a product or service.
consumer
400
Why is it better for some businesses to provide only one kind if product or service?
Workers work faster, the product they make comes out better, fewer raw materials
400
What are some communication links in your house?
phone, internet, etc.
500
Why do people need an income?
to buy the goods and services other people sell
500
How do people transport goods from one place to another?
trucks, ships, trains, airplanes, barges
500
How have email and the internet changed the way people work?
They have made it faster and easier to buy and sell goods
500
What is an example of a raw material?
water, milk
500
What was made possible by improvements in transportation?
international trade
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