G4 - U4 L6 Review

When Individuals, regions, and countries produce certain kinds of goods and services

• Division of Labor

• Productivity

• Specialization

• Capital Resource

When the production of a good is broken down into many small jobs, each done by a different worker

• Division of Labor

• Productivity

• Specialization

• Capital Resource

The amount of goods and services produced

• Division of Labor

• Productivity

• Specialization

• Capital Resource

Workers and their skills

• Natural Resources

• Capital Resources

• Limited Resources

• Human Resources

Things in nature that people see as useful

• Natural Resources

• Capital Resources

• Limited Resources

• Human Resources

Things that are used to produce more goods and services

• Natural Resources

• Capital Resources

• Limited Resources

• Human Resources

Coca Cola makes drinks is an example of Specialization.

• True

• False

Ford makes cars and trucks is an example of Specialization.

• True

• False

Hershey's makes candy, go-karts, dolls, trains, and chairs is an example of Specialization.

• True

• False

Vocabulary Word?
Definition: When 2 groups rely on each other for goods and services

• Specialization
• Interdependence
• Proclamation
• Separatist