Age of Oil Vocab

Which of the following is a town that rapidly becomes very rich and full of people, because industry or business has developed

• Boom Town

• Free Enterprise

• Refinery

• Bust Town

Which of the following is an economic system driven by supply and demand?

• Free Enterprise

• Boom Town

• Mixed Market

• Boom Market

Which of the following is a tower framework used to drill oil?

• Oil Derrick

• A Gusher

• A "Rig"

• Refinery

Which of the following describes the development of industries in a country or region on a wide scale?

• Free Enterprise

• Urbanization

• Bust

• Earth-Bounding

Which of the following is a combustible gas found in porous sedimentary rocks?

• Black Gold

• Natural Gas

• Fossil Fuel

• Earthen Pressure

Which of the following is a factory used to purify crude materials, such as petroleum?

• Free Enterprise

• Refinery

• Oil Derrick

• a "Rig"

Which of the following describes a prospector for oil in areas having no proven resources?

• a Wildcatter

• a Peddler

• an Oil Baron

• a Scrip

Which of the following describes a crude product made from decomposing plants, and animals; it's an oil, coal, or natural gas

• Fossil Fuel

• Earthen Pressure

• Gasoline

• Kerosene

Which of the following describes the desire for a good or service?

• Demand

• Supply

• Equity

• Capital

Which of the following describes the total amount of a good or service available?

• Demand

• Supply

• Equity

• Capital