Chapter 4, Lesson 2 study guide

The money people earn for doing a job is...

• income

• export

• import

Savings is...

• money used to generate more money

• money paid to the government for roads and bridges

• money set aside for a specific reason

Money that is invested is...

• money paid to the government for roads and bridges

• money used to generate more money

• money set aside for a specific reason

Consumption is the act of using...

• something

• products and resources

• recycling something

Production is the act of...

• making something

• using something

• recycling something

The state's industries grow when they ______, or sell good to people around the world.

• consume products

• import

• export

Missouri depends on other places for needs and wants, so it _______, or brings in goods from other places.

• exports

• imports

• manufactures

Most workers in Missouri have jobs in the _______ ________

• tourism industry

• manufacturing industry

• service industry

An example of Missouri's tourism industry is...

• doing something for someone else, like a doctor providing a service.

• a scenic riverboat tour.

• making products, such as furniture.

Using the law of supply and demand, in which example would the supply demand INCREASE...

• It is chilly and rainy out, and not many people want lemonade.

• It is hot out and the line for lemonade is long.