Chapter 2 SS Review

Which word describes what you see in the picture?

• need

• want

• producers

What capital resources are needed to produce what you see in the picture?

• knowledge about farming, animals

• chickens, cows, and seeds

• tractors, plows, and factories

Jasmine has a clothing store. She has decided to start exporting her products.

What's one benefit from Jasmine sending her clothes to to other countries?

• she will save money on shipping

• she will gain more customers

• find it easier to get resources

The picture shows someone.....

• exporting a product

• shopping local

• trading for what she needs

One reason she might shop local is...

• save on shipping costs

• support her community

• secure more customers

Lettuce is what kind of resource?

• natural

• capital

• human

What type of resource is a tractor?

• capital

• human

• resource

The skill to plant seeds is what type of resource?

• human

• capital

• natural

Which example illustrates how technology has changed capital resources over time?

• Ricardo plants a vegetable garden in the spring and eats his vegetables in the summer

• Jordan online orders a toy on the computer that is produced and shipped to his house in three days.

• Alecia develops good study habits so that she can become a scientist.

Amelia could only afford to buy one thing. She bought a new book instead of a video game.

Amelia’s choice is a

• need

• want

• volunteer

• job