Business
This is something that is nice to have but not required
What is a want?
A person who moves from one country to another
Who is an immigrant?
This is the geographic region where we live.
What is the Northeast?
A person or company who buys a good or service.
What is a consumer?
Something that is required for survival
What is need?
This is a person who takes a risk and starts a business.
What is an entrepreneur?
The lower deck of a ship where cargo is usually stored. In the late 19th and early 20th centuries, this part of the ship held passengers who were coming to the United States of America
What is steerage?
A large area in which places share similar characteristics is known as a(n) __________.
What is a region?
A person or company who makes a good or provides a service to sell to others.
What is a producer?
Extreme hunger
What is famine?
This plan explains a business in detail.
What is a business plan?
Located in New York Harbor, this was the United States’ busiest immigration inspection station. From 1892-1924, about 12 million immigrants were processed here.
What is Ellis Island?
Explain the difference between weather and climate.
Weather is the condition of the air at a certain time and place. Climate is the weather pattern in one place over a long period of time.
Name three reasons modern economies use money to trade.
What are...
Money can be traded for anything.
Money is easy to carry.
Money can be divided into smaller quantities.
Money is uniform.
Goods that are made in another country and brought to the United States and sold here.
What are imports?
In order to attract customers, businesses advertise. Name three ways business might choose to do this?
What are make a poster, a commercial, an ad on the radio, an ad on social media, a billboard, an ad in a magazine?
Located in the San Francisco Bay, this was the port of entry for immigrants arriving in the western United States in the 1800s. Many Chinese immigrants were detained here for many years.
What is Angel Island?
This is the geographic region has the least amount of states.
What is the Southwest?
Explain what will happen to the price of a product if the supply of a product is low and the demand for that product is high.
What is the price of the product will rise?
The amount a company can produce with a certain amount of labor
What is productivity?
Business have to plan their expenses carefully. What do they have to create to make sure they earn enough money to cover their expenses and goals?
What is a budget?
Immigrants in the mid to late 1800s and early 1900s came to the United States for many reasons. Name one of them.
What is to....
1. find work or a better paying job.
2. to escape war or a difficult life.
3. to own land.
4. for religious freedom.
What are the Northeast, the Southeast, the Southwest, the Midwest, and the West.
Bob wanted to buy a video game but also wanted to buy new sneakers because his didn’t fit any more. In the end Bob decided to buy the sneakers because he needed them and he didn’t actually need the video game. What is this an example of?
What is opportunity cost?
Hostility and ill-treatment especially because of race, political beliefs, or religious beliefs
What is persecution?