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Unit 6 Vocab: Economics

Authored by Christine N

Geography

9th Grade

Used 12+ times

Unit 6 Vocab: Economics
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45 questions

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1.

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1 min • 1 pt

Mutual benefits of an industry.

example: Pharmacies are located near hospitals

2.

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1 min • 1 pt

Production method that breaks down a complex job into a series of smaller tasks.

example: Ford was the first major company to use assembly lines to make automobiles

3.

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1 min • 1 pt

Different land users are prepared to pay different amounts, the bid rents, for locations at various distances from the city center.

example: Houses in New York are more expensive than houses in Colorado.

4.

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1 min • 1 pt

A location where transfer is possible from one mode of transportation to another.

example: a truck to a boat

5.

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1 min • 1 pt

An industry in which the final product weighs more or comprises a greater volume than the inputs.

example: empty soda bottles to full soda bottles

6.

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1 min • 1 pt

An industry in which the final product weighs less or comprises a lower volume than the inputs.

example: copper

7.

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1 min • 1 pt

Refers to the positive or negative aspects of each type of transportation.

example: Air shipment is the quickest form but most expensive way shipping but by ship is the cheapest way and can carry the most over a long distance.

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