SW #28

People choose the work they do based on what?

• bartering and selling

• geography and natural resources

• trading and specialization

• production and specialization

What is the definition of economy?

• Economy is an industrial site that is filled with machinery where workers manufacture items.

• Economy is the exchange of goods in trade

• Economy is the wealth or resources of a country, state, or region.

• Economy is the use of money and currency to do business.

When a region cannot produce the goods they need, they can trade with other regions that have a _______________.

• surplus

• defecit

• need for the same goods

• better economic plan

An economy based on the process of growing crops and raising animals is __________.

• tourism

• specialization

• agriculture

• industry

Agriculture depends on __________________.

• electricity

• specialization

• tourism

• the environment

Animals need climates that provide _____________ for them to live.

• rock and soil

• food and water

• rainfall and soil

• temperature and soil

What are services?

• types of economic activity including the production of basic resources

• types of economic activity including the transportation of goods

• types of economic activity including producing goods

• types of economic activity including physical and virtual work people do for others

One example of a service is ____________________________.

• growing a crop like peaches

• raising cattle for beef

• marketing and design

• making a product like tires

One example of a good is ______________________.

• getting a haircut

• going to the doctor

• buying cupcakes

• having your car fixed

___________ need access to oceans, rivers, or roads in order to transport goods produced through industry as well as provided power and electricity.

• currencies

• resources

• factories

• environments