Pearson Chapter 6: Economics Review

Look at the picture. Then answer the question. Which word describes what you see in the picture?

• needs

• wants

• consumers

• producers

Look at the picture. Then answer the question. What capital resources are needed to produce what you see in the picture?

• knowledge about farming

• tractors, plows, factories

• cows, chickens, seeds

• vegetables, animals

Look at the graphic organizer. Then answer the question. Which statement correctly completes the graphic organizer?

• Producers find it easier to import resources.

• Consumers enjoy buying things from far away.

• Consumers prefer to buy needs as well as wants.

• Producers build businesses near resources they need.

Jasmine has a clothing store. She has decided to start exporting her products. What conclusion can you draw about Jasmine's business?

• She will save money on shipping.

• She will find it easier to get resources.

• She will gain more customers.

• She will be able to make more products.

Look at the picture. Then answer the question by choosing words from the word bank that complete the sentences: This picture shows someone___________. One reason he might do this is to________________.

• shopping local & support his community

• producing an item & secure more customer

• exporting a product & trading what he needs

• carry out a responsibility & support his family

Look at the picture. Then answer the question. What kinds of resources are shown in the picture?

• natural and capital resources

• human and capital resources

• human and natural resources

• capital and product resources

Check the example of a capital resource.

• lettuce

• tractor

• planting seeds

Check the example of a human resource.

• lettuce

• tractor

• planting seeds

Check the example of a natural resource.

• lettuce

• tractor

• planting seeds

Which example illustrates how technology has changed capital resources over time?

• Molly uses an encyclopedia to do research for a book report.

• Alecia develops good study habits so that she can become a scientist.

• Jordan orders a toy that is produced and shipped to his house in three days.

• Ricardo plants a vegetable garden in the spring and eats his vegetables in the summer.