Econ & Demo Review

The main agricultural activity in the United States is commercial farming, which refers to:

• farming during commercial breaks on television.
• farming to sell crops and livestock to make a profit (money).
• farming to meet the needs of a family or village.
• farming in seas and ponds.

Why was agriculture such an important innovation?

• It changed the way people interacted with their environment.
• It provided a consistent food source allowing permanent villages, more complex social interactions, and job specialization to develop.
• The introduction of agriculture led to better diets and nutrition, so people grew taller.
• Agriculture is not an important innovation when compared with the personal computer.

What does subsistence agriculture refer to?

• farming during commercial breaks on television.
• farming to meet the needs of a family or village.
• farming to sell crops and livestock to make a profit (money).
• farming in seas and ponds.

In which stage of development is formal education provided for all?

• Hunting and Gathering.
• Agricultural.
• Industrial.
• Post Industrial/Information Age.

Which term best describes a company that has offices, factories or other business operations all over the world?

• commodity.
• multinational corporation.
• globalization.
• common market.

Which economic system best describes the United States?

• command/communist
• traditional
• market/capitalist
• mixed/socialist

Which of these is not an example of a renewable resource?

• fish
• oil
• water
• forests

Mining and farming are examples of ________________________ economic activity.

• primary
• secondary
• tertiary
• quaternary

Estimate the percentage of men and women at the top of the 2000 and 2025 pyramid. What do these figures tell you about the life expectancy of each sex in Europe?

• Men in Europe have a greater life expectancy than women.
• Men in Europe have a high rate of heart disease.
• Women in Europe have a greater life expectancy than men.
• People will live long in Europe.

The United States produces food and entertainment for exports and imports clothing and technology. This is an example of:

• comparative advantage
• free trade
• command economy
• capitalism