Resources
Types of Economies
At The Wawa
Around Philly
100
Human resources!
100
This image of a Lenape village best represents which kind of economy?
Traditional!
100
In many places in Pennsylvania, there is a Wawa across the street from a Sheetz. What economic concept is this an example of?
Competition!
100
Around Philly, you will see many people commuting to their job. These commuters are what kind of resource?
Human resource!
200
This is a mushroom farm in Kennett Square. What kind of resource is shown?
Natural resource!!!
200
This image of the "hand of government" best shows which type of economy?
Command!
200
At the Wawa, you can buy a bag of chips. What is the economic term for this?
A good!
200
In Center City, the U.S. Mint makes coins we can use to buy and sell things. Thanks to them, we can use money instead of doing what to get goods and services?
Barter!
300
What kind of resources are pictured here?
Capital resources!
300
Monopoly is based in Atlantic City. What type of economy does this game best represent?
Market!
300
Wawa sells stuuf. Wawa shoppers buy stuff. This means a Wawa can be described at what economic term?
A market!
300
Around Philly, many gas stations do state-mandated inspections of cars to make sure they work safely. This shows that in the United States, we have what type of economy?
A mixed economy!
400
Name any example of a natural resource.
Nice job!
400
This report is an example of a mixed economy in action. Explain why!
Great job!
400
Imagine you could trade a book for a Wawa hoagie. This would be an example of what economic concept?
Bartering!
400
Around Philly, you can see many old factories. When they were producing goods, these factories were an example of what type of resource?
Capital resource!