Economy Vocab. in North and South 1800s

The way people MAKE and SPEND money is called _________

• region

• economy

• agrarian

• factory

What kind of economy depends on FARMING and RAISING of ANIMALS?

• Independent

• Economy

• Industrial

• Agrarian

Which part of the US mostly depended on an agrarian economy?

• North US

• South US

Which is an example of a business in an INDUSTRIAL economy?

• 
• 
• 

Which is NOT an example of a business in an AGRARIAN economy?

• 
• 
• 

Which part of the country mostly depended on an INDUSTRIAL economy?

• North

• South

In an INDUSTRIAL economy, goods are made with the intention to be sold.

• TRUE

• FALSE

Where was cotton mostly grown in? (You may refer to the map)

• North US

• South US

Where were factories mostly located in? (You may refer to the map)

• North US

• South US