Specialization & Interdependence Review

Why do people trade?

• To be popular

• To make friends

• To get things they need and want but do not have

• To get things they already have

To focus and concentrate on the production of one item

• Trade

• Specialization

• Interdependence

• Produce

When citizens focused on one task, productivity increased.

• True

• False

All are benefits of specialization EXCEPT---

• Only having to focus on a certain good

• Becoming self-sufficient

• Being faster and more efficient

• Trading with others

The exchange of goods and services without the use of money

• Savings

• Goods

• Barter

• Needs

Mali specialized in gold and salt mining.

• True

• False

People and regions specialize because ---

• they have everything they want.

• every region is suitable for growing crops.

• it takes too much effort to make things.

• they cannot produce everything they want.

Which is an example of specialization of labor?

• The principal, secretary, and nurse all work together in the school office.

• Alaska produces oil to trade for other goods.

• India is the largest producer of bananas.

• Brazil is known for growing citrus fruit such as oranges.

Good or Service???

You take an airplane when you go on a trip.

• Good

• Service

Good or Service???

You buy your mother a flower from a flower shop for Mother's Day.

• Good

• Service