Lesson 1: The Land of Plenty
Lesson 2: Trade Then and Now
Lesson 3: Transportation and Communication
Short Answer
Random
100
In what area of the United States did people move towards and settle in?
What is the West?
100
How did people get what they needed before going to stores?
What is people bartered or traded to get different products or services that they need?
100
Because no region can produce everything it needs, all regions of the United States are what?
What is economically interdependent?
100
What advancements in technology in the late 1800s are seen in the United States today?
What are the railroad, producing electricity, making steel, and using natural resources to run engines
100
What are three factors that have helped increase world trade? (Definition Words)
What are globalization, transportation, and communication?
200
What did the European settles realize was the greatest resource available in North America?
What is land?
200
The free enterprise system is based on what two factors?
What is supply and demand?
200
What does globalization of business mean?
What is that goods are produced using resources, raw materials, and services from several countries?
200
How did life in the United States change between the 1700s and the late 1800s?
What is in the 1700s, most people in the United States lived in rural areas and farmed. In the late 1800s, industries grew rapidly. Many people began moving to cities, and people began to work in factories intstead of on farms.
200
If the supply of a popular product is much less than the demand for it, what will likely happen to the price?
What is the price will go up?
300
Why were cities along the Atlantic Coast most crowded?
What is because that is where most people landed and came about to America?
300
What is the difference between a producer and consumer?
What is a producer is the people that make the product; where as, a consumer is the people that buys that product.
300
What are two factors that have helped make world trade easier?
What are fast transportation and communication?
300
How did the Untied States economy change/evolve from a system of barter (trading) to a global economy?
What is people bartered to trade goods and service. Then people began using shells, stones, and discs as money so they cold but and sell products without trading. As transportation and communication improved, businesses were able to make and sell their products in more places and in other countries.
300
In a free enterprise economy, a business operate on what system?
What is supply and demand?
400
What is another resource that drew people westward?
What is Gold?
400
What is the resources of a country, state, region, or community and how the resources are managed?
What is an economy?
400
What does it mean when goods are produced using resources, raw materials, and services from several countries?
What is globalization?
400
How do both supple and demand affect the price of goods and services people buy?
What is as supply increases, more products exist that need to by sold, and the price may go down. As demand increases, people are willing to pay more for a product, so the price may go up.
400
What 1848 discovery led many people to move to California?
What is gold?
500
What helped our country change from an agricultural economy (farming) to an urban industrial economy?
What is advancements in technology and the development of factories.
500
What is it called what you give up when you chose one thing over another?
What is an opportunity cost?
500
How is communication today different and similar that is was back in the 1700/1800's?
What is today we still write letters and talk to people face to face
500
Explain how supply and demand works?
What is the quality of an item is the supply and the demand of an item is the quanity of an item that consumers are will to buy at different prices?
500
Why did many settlers move westward during the 1800's?
What is because of more land?