Economic Decisions in Agriculture

Imagine that a country normally grows more wheat and corn than it can use for its own citizens. One year, there is a problem with the wheat crops. Which answer choice describes what this country might do to avoid losing money?

• Trade wheat with another country in exchange for corn.

• Decrease the price of wheat products so that more people buy them.

• Trade corn with another country in exchange for wheat.

• Stop making wheat products until the crops can grow again.

Indicate whether the statement is true or false. If an area has a lot of a resource, it probably will want to trade with an area that needs that resource.

• True

• False

What two reasons explain how communities and individuals benefit from tourism?

• Economic growth and cultural exchange

• Environmental degradation and traffic congestion

• Loss of local traditions and increased pollution

• Higher taxes and increased cost of living

Economics is ______ and _______ goods and services. Advancements in transportation have allowed for improved trade with other countries.

• buying and selling

• producing and consuming

• storing and distributing

• importing and exporting

Many industries have improved including: travel, tourism, personal communication and international news because of advances in _________.

• technology

• agriculture

• fashion

• cooking

The exchange of goods and services for money or other goods and services

• Trade

• Economy

• Tradition

• Migration

North America is a Large area with ___ countries.

• 21

• 23

• 45

• 15

Which of these Countries are the largest countries in North America?

• Greenland

• United States

• Canada

• Mexico

What is a continent?

• A large area of land, or a single landmass that may include more than one country in that region.

• a nation with it's own government or territory.

• An area of land, or territories that are organized under one government.

• A large town.

Answer explanation

The other definitions are for a country, state, and city! Continents are much bigger than those three.

How many continents are there?

(a)