Show:
Trading and Cost
Inflation and Property
Specialization and Interdependence
Supply and Demand
100


The balancing of goods and services?

a. Import

b. Export

C. Trade

D. Good

Trade

100

When prices rise over time 

a. Deflation

b. Trade

c. Inflation

d. Interdependence

Inflation

100

Kentuckys 3 biggest imports are

a. Bananas, Mangos, Chicken

b. Deer, Buffalo, Soil

c. Airplane Parts, Cars/Trucks, Cellphones

d. Cellphones, Mangos, Cars/Trucks



Airplane Parts, Cars/Trucks, Cellphones

100

The amount of something available to customers.

a. Good

b. Need

c. Supply

d. Consumer

Supply

200

Goods and services that are produced in one country and shipped to another country for sale.

a. Trade

b. Goods

c. Export

d. Import

Export

200

When prices lower over time

a. Deflation

b. Interdependence

c. Trade

D. Inflation 

Deflation

200

What area do we get most of our food?

a. The Arctic

b. The Tropics

c. The Savanna

d. The Forest

The Tropics

200

When you purchase something that you would like but don't have to have to survive.

a. Need

b. Want

c. Good

d. Services

Want

300

Something brought in from an exterior source, especially for sale or trade.

a. Export

b. Import

c. Services

d. Trade

Import

300

Is the Mall a PUBLIC or PRIVATE PROPERTY

Public

300

When you have to have something to survive.

a. need

b. producer

c. want

d. consumer

Need
300

Things that are made or grown and then sold.

a. Trade

b. Want

c. Supply

d. Goods

Goods

400

The amount of something available to customers

a. services

b. goods

c. trade

d. consumer

goods

400

Is a Library a PUBLIC or PRIVATE PROPERTY

Public

400

The reliance on each other to produce goods and services. It is the result of people specializing in one job.

a. Interdependence

b. Trade

c. Opportunity Cost

d. Specialization

Interdependence

400

When someone helps or does work from someone else.

a. Goods

b. Services

c. Need

d. Want

Services

500

A person who makes and sells goods and services

Producer

500

Is your House PUBLIC or PRIVATE property?

Private

500

Is when people focus on one job and get very good at it. Example: A school district has many different people with different jobs who specialize in one area.

a. Interdependence

b. Trade

C. Opportunity Cost

d. Specialization

Specialization

500

A person who makes and sells goods and services.

a. Consumer

b. Want

c. Producer

d. Need

Producer