REVIEW FOR KNOWLEDGE CHECK! Friday Frenzy: Unit 5 Week 2

Match the vocab word to it's meaning

• petroleum industry

• chemicals or products made from petroleum such as rubber, synthetic fibers, plastics, and cosmetics

• boom/bust economy

• an economy in which individuals have the right to own businesses and make money with limited government interference

• agribusiness

• the production and distribution of oil and natural gas

• petrochemicals

• farm related business such as crops and livestock

• free enterprise/market economy

• an economy that has a cycle of intense highs and lows

a risk taking business person

• entrepreneur
• consultant
• manager
• investor

The petrochemical industry brought more than 400,000 people from rural regions into the urban regions for jobs. This is known as _______.

• industrialization
• legalization

• boom and bust

• urbanization

The rise of the cattle drives and cattle ranching was a direct result of the

• demand for beef in Northern states

• buffalo slaughter

• decline of horse transportation
• increase in dairy farming

Label the Chisholm trail

Label the Goodnight-Loving trail

Label the Western trail

Label the Sedalia trail

the wealth and resources of a nation and how they are managed

• Trade

• Economy

• Investment
• Taxation

the equipment, factories, or MONEY used to produce goods or services

• Raw Materials
• Capital
• Labor
• Technology