Show:
A
B
C
D
E
100
Iron Ore
What is steel made from?
100
People
What are human resources?
100
When you give something up in order to get something else
What is opportunity cost?
100
U.S. Mint
Where are coins made?
100
When we depend on people to buy our products and they depend on us to buy their products
What is interdependence?
200
Natural gas was discovered near Toledo
Why did Edward Libby move his glass company to Toledo?
200
They can be used for transportation
Why are many large manufacturing companies located on or near waterways?
200
Lumber
What was one of Ohio's first industries?
200
Rubber
What was the city of Akron a world leader of in the late 1800's?
200
Dividing the tasks so workers get good at one job
What is division of labor?
300
Red Cross, Doctors without Borders, & organizations that take card of homeless pets
Name 3 examples of charities.
300
Corn
What crop is a large part of Ohio's economy?
300
Greenbacks
What was the name of the first paper bills printed in the U.S. called?
300
When a person or organization becomes very efficient at on particular thing
What is specialization?
300
Own a small piece of the company
What does it mean to own a share in the stock market?
400
Service
What is something that someone else does for you which you can't either do or do not want to do for yourself?
400
Money, tools, machines, & buildings
Give 2 examples of capital resources.
400
Natural gas was discovered near Toledo
Why did Edward Libby move his glass company to Toledo?
400
Resources that a person or business has to have in order to produce the goods and services we all want and need
What are productive resources?
400
Entrepreneurs
Who opens a business based on his or her own ideas?
500
Exchanging of good or services without the use of money
What is bartering
500
Anything useful to people that is found in nature
What are natural resources?
500
Agriculture
What was the biggest industry in Ohio before the Civil War?
500
How much of a product a consumer will buy at different prices
What is demand?
500
The items people make.
What are goods?