Geo Econ Unit Part 1

Geo Econ Unit Part 1

Assessment

Flashcard

Social Studies

10th Grade

Hard

Created by

Wayground Content

FREE Resource

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13 questions

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1.

FLASHCARD QUESTION

Front

How is world trade encouraged by the access of natural resources?

Back

Uneven distribution of natural resources

2.

FLASHCARD QUESTION

Front

What are the 3 Sectors of economic activity?

Back

Primary, Secondary, Tertiary

3.

FLASHCARD QUESTION

Front

What is the Primary sector of economic activity?

Back

Agriculture, forestry, and fishing

4.

FLASHCARD QUESTION

Front

What is the Secondary Sector of economic activity?

Back

Manufacturing and construction

5.

FLASHCARD QUESTION

Front

What is the Tertiary Sector of economic activity?

Back

Provides Services

6.

FLASHCARD QUESTION

Front

What are the traits of a Mixed Market Economy?

Back

Private Ownership, Keep Profit, Consumer has choices, Competition is encouraged, Government regulation is somewhat limited but does occur.

7.

FLASHCARD QUESTION

Front

What are the traits of a Traditional Market Economy?

Back

People mainly barter for there needs. Grow and produce most everything and then hopefully trade for what is needed. Usually one bad storm event away from losing it all.

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