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Studies Weekly #23 Review: Communities and Money

Total questions: 10

Worksheet time: 11mins

Name
Class
Date
1.

When two families have different jobs, they both work but may have different __________.

a)

incomes

b)

farms

c)

goats

d)

entrepreneurs

2.

There are many famous entrepreneurs from Texas. This one started a skin-care and makeup company that still exists today.

a)

Sam Walton

b)

George Jones

c)

Mary Kay Ash

d)

Wallace Amos

3.

Your farm has a bad freeze and there are not many fruits or vegetables produced. What two things could happen as a result?

a)

the farm would not have as much income

b)

you may need to buy new equipment

c)

you would need to sell a goat instead

d)

the farm would not be able to sell as much

4.

When you buy/sell goods and services, this is called __________.

a)

marketing

b)

jobs

c)

income

d)

trade

5.

Importing happens when a country makes something the United States needs but does not produce.

a)

true

b)

false

6.

______________ is when the United States makes something that another country needs. We produce it and send it to them.

4 lines
7.

Which places below would be examples of international locations?

a)

New York City, New York

b)

Tokyo, Japan

c)

Guadalajara, Mexico

d)

Denver, Colorado

8.

The United States trades internationally with all sorts of other countries, but it easiest to trade with countries nearby because the goods do not need to travel far. What countries are near the US and good from international trade?

4 lines
9.

A factory is one place (a)   takes place.

10.

What is something that could have an impact on small businesses?

a)

gas prices

b)

bicycles

c)

letters

d)

movies