Economic Geography

The Organization of Petroleum Exporting Countries (OPEC) was created to    

•  control the supply and price of oil

• improve transportation in developing nations

•  promote the production of high-quality fossil fuels.

• limit the access of nations to solar power

The ___ level of economic activity is represented in this photograph. 

• Tertiary

• Primary

• Quaternary

• Secondary

Which term describes the social science that studies the production, distribution, and consumption of goods and services?

• Economics

• Industrialization

• Geography

• GDP

The primary sector of the economy______

• provides raw materials from nature

• provides a variety of services

• offers money

Primary Sector activities include:

• agriculture, mining, fishing

• jumping, sitting, standing

• providing a service, like a doctor or bus driver.

Factories and workshops create manufactured goods. They are a part of the _________.

• Primary Sector

• Secondary Sector

• Tertiary Sector

GDP is the...

• The total value of goods and services produced by a country

• The amount of goods sold to foreign countries

• The amount of money a country has

• The total value of goods and services produced by a country during a year.

Which statement best describes a Less Economically Developed Country (LEDC). You may choose multiple answers if applicable.

• Has a lower GDP in comparison to more economically developed countries (MEDC)

• Has a higher GDP in comparison to more economically developed countries (MEDC)

• Mostly made up of primary and secondary sectors

• Mostly made up of tertiary sectors

Economic geography is the studies of human economic activity and factors affecting them

• True

• False

The tertiary sector of the economy_________.

• provides a variety of services

• produces manufactured goods

• works with chickens