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WorksheetsVocabulary: Economic Regions of U.S & Canada
Total questions: 10
Worksheet time: 8mins
Boston is an important center of _____________________ research.
biotechnology
manufacturing
free enterprise
economy
Canada's government plays an important part in the increased value of goods & services produced. What vocabulary term is being described?
knowledge economy
supply
economic growth
free enterprise
Stock buyers measure this to determine how well a company is doing.
stock
supply
knowledge economy
profit
In this type of country people enjoy a high standard of living & have access to health care, education, & consumer goods.
free enterprise
developed nation
knowledge economy
biotechnology
People that own this own shares in a company & share in profits.
stock
demand
supply
knowledge economy
Industries such as biotechnology, communication technologies & aerospace are examples of what?
demand
stock
knowledge economy
developed nation
When this is high, price is usually higher.
supply
demand
profit
stock
If the product is scarce or small the price rises but if there is a large amount of product then the price usually goes down.
supply
demand
stock
profit
People decide what to make, how much to make & how much to charge in this economic system.
economic growth
developed nation
knowledge economy
free enterprise
10. How does the United States economy work? Give two examples to support your answer.
