IN History 4-1 Quiz

The amount of work done in a set amount of time

• productivity

• profit

• product

The way a place uses its resources (including money)

• economy

• profit

• regulate

Money a business earns after its expenses are paid

To control or maintain with rules and regulations

• profict

• economy

• regulate

A person who starts a business

• employee

• manager

• boss

• entrepreneur

A factory where oil is processed into gasoline and other products

• oil refinery

• coal mine

• NIPSCO

• gas station

Which of the following is an industrial building directly connected to farming?

• flour mill

• oil refinery

• automobile factory

Which of the following increased the productivity of farmers?

• Ball Brothers' glass jars

• Caleb Mill's speech

• James Oliver's plow

What natural resource attracted new businesses to towns near Muncie in the late 1800s?

• rivers

• oil

• natural gas

How did increased productivity affect the price farmers could charge for their products?

• It increased the number of products, so the price per item went up.

• It increased the number of products, so the price per item went down.

• It decreased the number of products, so the price per item went up.