Social Studies-Grade 5

What is bartering?

• The exchange of goods and services for free

• The exchange of goods and services for money

• The exchange of goods and services for other goods and services

• The exchange of goods and services for a favor

What is trade?

• The buying and selling of goods

• The trading of goods

• The bartering of goods

• The borrowing of goods

What is export?

• Trading services

• Trading goods

• The buying what one country doesn't need or has extra of

• The selling what one country doesn't need or has extra of

What is import?

• Buying goods that one country does not produce

• Buying goods

• Buying services

• Trading services

What is taxes?

• An amount paid to the people by the government

• giving money away

• taking money from other countries

• An amount paid to the government by the citizens

What is labor?

• A person who is sick

• A person who works for free

• A person who doesn't works

• A person who works

Highways and roads are a form of.....

• School

• Government

• Housing

• Infrastructure

Making soups, carpets, sugar is an example of____industry.

• Primary-Extractive

• Secondary-Manufacturing

• Tertiary

The process of moulding or modifying raw materials is called...

• Extraction

• Assembly

• Alteration

Airline and railroad industries provide services by transporting people and products from one place to another. What type of industry is this?

• The quarrying industry.

• The mining  industry.

• The tertiary industry.