Economics

When a country imports more than it imports, it is in trade ____________.

• shortage

• deficit

• supply

• demand

The natural resource production of a country is known as what?

• GDP

• DDP

• ABC

• PG13

Religious places of worship, government, educational systems, and military are all ____________ ______________ of society?

• good times

• scarce resources

• basic institutions

• supply trends

The money that a business has left after paying all costs and bills is know as what?

• profit

• deficit

• cha-ching

• demand

Crops, such as wheat and corn, need which of the following in order to grow?

• mild temperatures

• love

• rocky soil

• fertile soil

What industry do many island nations rely on to help their economies?

• farming

• hurricanes

• music

• fishing

What must a country if a natural resource becomes scarce or runs out completely?

• pray

• import resources

• get savage

• export resources

What is another word for trading goods or services with someone for something that you have?

• demand

• sharing

• barter

• needs

Limited natural resources are said to be what?

• unlimited

• forever

• socialist

• scarce

Resources that come from the earth are called what?

• natural resources

• unlimited resources

• capital city

• American resources