The study of the consumption, production, distribution, and exchange of goods and services
What is Economics?
100
WV leads the nation in the export of this mineral
What is coal?
100
WV is the leading producer east of the Mississippi River of this resource.
What is natural gas?
100
The manufacture, production, and sale of goods
What is industry?
100
Careful management of a natural resource to prevent its destruction...a term
What is conservation?
200
Touchable things such as food, clothing, cars, MP3 Players, and DVDs
What are goods?
200
Most rock salt in WV is found in this location of the state.
What is the northern region of the state?
200
This resource includes dead trees, tree branches, wood chips, bark, and sawdust.
What is Biomass?
200
To make by hand.
What is manufacture?
200
Farms that raise only enough crops to feed their families
What is subsistence farms?
300
-This is the quantity of a good or service offered for sale
-the quantity of a good or service consumers are willing to buy
What is supply and demand?
300
Brine, a mixture of salt and water, is found in this area of the state.
What is the central part of the state?
300
This resource accounts for nearly 50% of the value of West Virginia total nonfuel production in 2005.
What is crushed stone?
300
This man pioneered the use of coal as a fuel in the salt industry.
Who is David Ruffner?
300
Crops that are produced for resale (tobacco, corn, and fruit).
What is cash crops?
400
The four basic economic questions.
What is :
1)What to produce
2)How to produce
3)How much to produce
4)For whom to produce
400
THis resource is a nonrenewable, inorganic substance that was formed by Earth's geological process
What is mineral resources?
400
The only oil refinery in West Virginia is located in this city in the northern panhandle.
What is Newell?
400
This town in Kanawha county played an important role in the salt industry from 1799 to 1832.
What is Malden?
400
This type of tourism include corn mazes, hay rides, farm tours, wine tasting, and other rural activities.
What is agritourism?
500
These are the three types of economic systems
What is traditional economy, command economy, and market economy?
500
Shallow, clay-based, and acidic
What is West Virginia's soil?
500
These two wild animals have the biggest population in WV's wildlife (be specific)
What are the black bear and the white tailed deer?
500
This industry in Wheeling, WV is the country's largest producer of cut nails
What is LaBelle Nail?
500
This famous coal mine had coal that was so highly prized that in WWI, both the U.S. and Great Britain would only accept this coal to fuel their navies.