Social Studies- Ch. 6 Test Review

something found in nature that is useful to people

• natural resources

• opportunity cost

• competition

Which is an example of a natural resource?

• wood

• steel

• plastic

True or False: Iron was important to the creation of the railroad.

• True

• False

New farm machines often meant that:

• more could be done

• less could be done

True or False: Oil was found in Ohio.

• True

• False

True or False: Ohio's location was helpful to its growth.

• True

• False

Businesses wanted their location ______ to the railroad.

• near

• far away

Lake _____ was important for shipping.

• Superior

• Erie

• Indian

person who takes a risk to start a new business

• entrepreneur

• opportunity cost

• productive resources

Who was the entrepreneur who owned a rubber company?

• B.F. Goodrich

• John D. Rockerfeller

• Andrew Winton