6th Vocab Quiz 7

The study of how people use resources to produce, distribute and consume goods.

• Economics

• Natural Resources

• Capital Resources

• Regulation

An economic system where three main economic questions are answered by the interaction of buyers and sellers.

• Market Economy

• Regulation

• Monopoly

• Human Resources

The process of using natural resources or goods and services.

• Consumption

• Colonization

• Export

• Imperialism

Any physical environmental item that people perceive to be useful.

• Natural Resources

• Human Resources

• Quality of Life

• Import

Sending products to another country for sale.

• Export

• Colonization

• Gross Domestic Product

• Infrastructure

The process of making goods and services

• Production

• Distribution

• Economics

• Mixed Economy

Moving goods and services to consumers.

• Distribution

• Human Resources

• Capital Resources

• Imperialism

Workers, their abilities, talents, training, skills, and knowledge.

• Human Resources

• Regulation

• Monopoly

• Imperialism

Equipment, factories, tools, vehicles, ect. that are used to produce goods or services.

• Capital Resources

• Economics

• Consumption

• Monopoly

The development of interconnections between many different nations, marked by free trade, and the free flow of capital, labor, and resources.

• Economic Globalization

• Natural Resources

• Production

• Infrastructure