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WorksheetsEconomy and Regions Review
Total questions: 37
Worksheet time: 19mins
Money, buildings and equipment are____________
natural resources
capital resources
human resources
factors of production
In our country's past, the main economic activity in our country was ________________________________
working at McDonald's
selling vacuum cleaners door to door
agriculture
renting out u haul trucks
Land, water, minerals and fuel are__________________
free
not necessary for survival
factors of production
natural resources
The amount of a product or service that people want and are willing to pay for is the _______________________________
demand
supply
opportunity cost
annual sale
Workers are________________________
personal slaves
the supply
Human Resources
hard to find
The amount of product or service that is available is the _____________
leftovers
on sale items
trade off
supply
Capital, Natural and Human resources are called ________________________
Factors of production
free enterprise
necessary
profit
The amount of money a business has left after it pays its bill is the _____________
bank's money
profit
supply
allowance
All the selling, producing, and buying that people do; all of the ways people use resources to meet their needs is the ____________________
free enterprise
supply
economy
demand
If economic activities have little government control, it is a ___________________________________
a big wild mess
time to take advantage of others
economy
Free enterprise econmy
Nearly every state is divided into political regions called____________
neighborhoods
suburbs
counties
book clubs
As cities grew,___________________ became a larger part of the economy. It is producing products in large factories.
resources
services
factors of production
manufacturing
Our nation's capital is_________________________
Lansing
Washington State
Washington D.C.
Honolulu
If you give up one thing to buy another you make a _________________
the store managers happy
mistake
trade off
good customer
The United States is made up of _____________ states.
32
50
52
735
When you make a decision to purchase an item in the store, or how to spend your time the thing you did not choose becomes your _____________________
opportunity cost
lost opportunity
big mistake
poor decision
Answer True or false:
The federal government makes treaties or agreements between groups and/or countries.
true
false
In a free market economy, people, not government own or manage the resources that businesses need.
True
False
The federal government only represents people they like when dealing with other countries.
True
False
The USA does not have a diverse economy.
True
False
The USA has three levels of government: Federal, state and local
True
False
The service industry makes up the largest part of our economy.
True
False
Four out of every 5 workers in the USA have jobs in the service industries.
True
False
The Governor is the head of the executive branch of city government
True
False
When people buy and sell products made in other countries , they are part of the global economy.
true
False
There are ten regions in the USA
True
False
You live in the Northeast Region
True
False
Click on the name of the region you live in
Ann Arbor
Midwest
Michigan
Southeast
Click on the name of a region.
Northeast
Georgia
Ypsilanti
United States
Click on the name of a region
Westnorth
The Upper Peninsula
Southeast
Toledo
Click on the name of a region
Eastern North
west
Montana
down south
Click on the name of a region
Lansing
Michigan
out west
Southwest
Which state is located in the Northeast?
London
New York
New Mexico
Montana
Which state is located in the west?
Minnesota
Maryland
Connecticut
California
Which state is located in the midwest?
Vermont
Washington D.C.
Michigan
Alaska
Which state is in the southeast region?
Florida
Ontario
Wisconsin
Paris
Which state is in the Southwest region?
Mexico
South Carolina
New Mexico
Tennessee
