Economic Roles & Growth

Which two key groups make up a free market economy?

• Business owners and consumers
• Business owners and employees
• Employees and government
• Business owners and governemnt

What are Florida's major economic activites?

• tourism and manufacturing
• manufacutirng and ranching
• trade and communiciations
• tourism and trade

The U.S. uses

• nearly three times the amount of oil it produces
• less than the amount of oil it produces
• only the amount of oil it produces
• nearly six times the amount of oil it produces

Which U.S. state is the most populous?

• Califonria
• New York
• Texas
• Florida

Which country has the world's largest economy?

• Canada
• China
• India
• U.S.

What is the economic focus in the Northeast region of the U.S.?

• Farming and industry
• Business and trade
• Tourism and minig
• Manufacturing and tourism

Buying, selling and producing what people want with limited government involvement is

• Free Market
• Profit
• biotechnology
• Command Economy

Mining, ranching, and lumbeing used to be the main economic activities of what U.S. regions

• South
• Interior West
• Northeast
• Midwest

The U.S.

• spends very little on imports
• earns most of its money from exports
• spends more on exports than it earns from imports
• spends more on imports than it earns from exports

Which country is the second-largest trading partner of the U.S.?

• Mexico
• Canada
• Saudi Arabia
• China