W.G. 4.4

 How are natural resources distributed throughout the world?    

•  Natural resources are spread out unevenly around the earth.
• Most natural resources lie beneath the ocean floor.
• Most natural resources are found in developed nations. 
•  Natural resources are distributed evenly among all nations. 

Jaylynn has opened a restaurant serving strawberry desserts. Tien and Marcela are security guards at the restaurant. What business sector are they all apart of?

• Tertiary
• Primary
• Quartinary
• Secondary

Blake and Herman have opened a very successful furniture making factory. They are apart of which business sector?

• Secondary
• Tertiary
• Primary
• Quartinary

In this type of economy the government, who owns the means of production, determines what will be produced.

• market economy

• free enterprise

• command economy

• all of the above

In this type of economy production is based on what consumers want.

• market economy

• free enterprise

• command economy

• none of the above

These countries having more technology and manufacturing; most work in service or information industries and high standard of living.

• More Developed Country

• Newly Industrialized Countries

• Less Developed Countries

These countries are moving from primarily agricultural activities to primarily manufacturing and industrial activities; and shows improvements in socioeconomic development.

• More Developed Country

• Newly Industrialized Countries

• Less Developed Countries

These countries are where agriculture remains dominate; has the low standard of living and the lowest indicators of socioeconomic development.

• More Developed Country

• Newly Industrialized Countries

• Less Developed Countries

A system in which factors of production are privately owned.

• Capitalism

• Traditional Economy

• Command Economy

• Socialism

A political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.

• Capitalism

• Free Enterprise

• Market Economy

• Socialism