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Term4_Geography review

Total questions: 85

Worksheet time: 49mins

Name
Class
Date
1.

When you want something you should ALWAYS get it.

a)

True

b)

False

2.

things you would like to have but could live without

a)

needs

b)

wants

c)

bank

3.

Someone who provides a service or a good

a)

Producer

b)

Consumer

c)

Capital resources

d)

Supply

4.

Productive resources supplied by nature are called

a)

Division of Labor

b)

Natural resources

c)

Capital resources

d)

Human resources

5.

A limited supply of a good or resource

a)

Producer

b)

Productivity

c)

Demand

d)

Scarcity

6.

An especially cold frost has damaged several orange crops in Florida. The effects to the demand and price will be:

a)

The demand will stay the same and the price of orange juice will increase

b)

The demand will increase and the price of orange juice will decrease

c)

The demand will stay the same and the price of orange juice will decrease

7.

Vocabulary word that describes the amount of goods or services available for use.

a)

Incentive

b)

Efficiency

c)

Supply

d)

Demand

8.

What is a Good?

a)

Things people do.

b)

Things people buy.

9.

Can a place provide both a good and a service?

a)

Yes

b)

No

10.

What is an example of a service?

a)

haircut

b)

bread

c)

Legos

11.

Is a bookstore a place that provides goods, services, or both?

a)

Goods

b)

Services

c)

Both

12.

Is a hair salon a place that provides goods, services, or both?

a)

Goods

b)

Services

c)

Both

13.

What is a consumer?

a)

Someone who makes something to sell?

b)

Someone who buys a good or service?

c)

A Lego master?

14.

What is a producer?

a)

Someone who buys a good or service.

b)

Someone who provides a good or service.

c)

A desk.

15.

Lemons in a store is

a)

goods

b)

service

16.

A dog walker is an example of a

a)

good

b)

service

17.

Fire fighters put out a fire at your neighbors house. They are providing a ________.

a)

good

b)

service

18.

Mecahnics, doctors, and teachers all provide _____.

a)

goods

b)

s'mores

c)

services

d)

ideas

19.

Popcorn, sweater, hover board, and a book are all ________.

a)

human resources

b)

goods

c)

sellers

d)

services

20.

The class made brownies to sell at a bake sale. The brownies are _____.

a)

services

b)

a present

c)

goods

d)

barter

21.

What is a basic need?

a)

hover board

b)

shelter

c)

Xbox

d)

necklace

22.

NEEDS are things we

a)

don't really need but would like to have.

b)

must have in order to survive.

23.

Which do you NEED to survive?

a)
b)
24.

Which is a WANT we would like to have but do not need to survive?

a)
b)
25.

WANTS are things we

a)

must have in order to survive.

b)

would like to have but don't really need.

26.

Air is a want.

a)
b)
27.
It's important to spend money on things you need before spending money on things you want.
a)
True
b)
False
28.
Which of the following is an example of a want for most people?
a)
A warm jacket
b)
Transportation
c)
Ice cream
29.
Which of the following is an example of a need for most people?
a)
A place to live
b)
A nice car
c)
Designer jeans
30.

Money is withdrawn directly from a checking or savings account.

a)

Debit Card

b)

Credit Card

c)

Both

31.

Each purchase is a loan that is repaid later.

a)

Debit Card

b)

Credit Card

c)

Both

32.

Consumers can purchase items now and pay for them later.

a)

Debit Card

b)

Credit Card

c)

Both

33.

A PIN (Personal Identification Number) is required to make a purchase.

a)

Debit Card

b)

Credit Card

c)

Both

34.

Interest may be charged but can be avoided by paying the entire balance each month.

a)

Debit Card

b)

Credit Card

c)

Both

35.

To avoid carrying cash, Ned pays for his lunch using this card. Each time he uses this card his checking account decreases. Which card did he use?

a)

Debit Card

b)

Credit Card

c)

Both

36.

When you use a debit card you are using __________.

a)

the bank's money

b)

your parent's money

c)

your money

37.

When you use a credit card you are using _____________.

a)

Ms. Hillary's money

b)

the bank's money

c)

your money

38.

If you make purchases on a credit card you have to _________.

a)

pay the money back to the bank

b)

write it in your checkbook register

c)

ask your mom to pay the bill

39.

The fee that credit cards charge customers for using their money is called ___________________.

a)

rent

b)

deposit

c)

interest

40.

Safer than carrying cash.

a)

Debit card

b)

Credit card

c)

Both debit and credit cards

41.
What is a disadvantage of using a credit card?
a)
It is easy to use.
b)
You can spend more than you have. 
c)
It can be used in emergencies.
d)
Banks sometimes give rewards on credit cards. 
42.

Using a person's own money is physical form.

a)

Credit Cards

b)

Cash

c)

Debit Cards

d)

Online Banking

43.

_____________ is another word for trading.

a)

Service

b)

Bartering

c)

Charities

d)

Good

44.

_____________ use money you give them to help others who are in need.

a)

Bartering

b)

Service

c)

Good

d)

Charities

45.

When Chace pays $40 for Lego Blocks, He is bartering.

a)

True

b)

False

46.

Advantage/s of Barter is/are _______.

a)

flexible

b)

non-monetary

c)

both

47.

An example of bartering is John paying $50 for a car truck. __________

a)

FALSE

b)

TRUE

48.

Trading my cow for two bag of rice is a disadvantage in bartering called no fairness in trade. ______________

a)

TRUE

b)

FALSE

49.

The exchange of goods without the use of money is defined as

a)

Purchase

b)

Barter

c)

Exchange

d)

Sell

50.

What is the purpose of the text?

a)

To promote about how to buy fried banana

b)

To advertise about Fried Kepok Banana Sensation

c)

To describe about how to make fried banana

d)

To tell about fried banana

51.

Fossil fuels include coal, oil, and natural gas. Fossil Fuels are classified as nonrenewable because they....

a)

take millions of years to be replaced

b)

require expensive equipment

c)

can be found all over Earth's surface

d)

provide much of the energy we use

52.

Air can be used to make​ ​ (a)   which is a ​ (b)   resource.

Choose from the below words
electricity
renewable
water
non renewable
53.

What does the word "resource" mean?

a)

Another word for money.

b)

Something that a human makes.

c)

Something that we can use and is valuable.

d)

Something that comes from Earth.

54.

What is a renewable resource?

a)

A resource that is new

b)

A resource that can be replaced, like wind, trees, etc

c)

A resource that cannot be replaced, like coal, oil, etc

d)

Energy from the Earth's heat

55.

What is a nonrenewable resource?

a)

A resource that cannot be replaced, like coal, oil, etc

b)

A resource that is not new

c)

A resource that can be replaced

d)

Energy that is created from moving water

56.

Match the following

a)

resources that if used wisely will not run out (water, trees, animals, etc.)

1.

Renewable resources

b)

water, coal, oil, gas, living things and land found in a specific place

2.

Natural resources

c)

resources that cannot be renewed easily (coal, oil, metals and jewels)

3.

Nonrenewable resources

d)

energy made from the sun's light

4.

Solar energy

e)

energy made from the Earth's heat

5.

Geothermal energy

57.

Which of the following are natural endowments

a)

Land

b)

Air

c)

Water

d)

All

58.

All elements of nature that fulfil man's need are called

a)

Resources

b)

Backbone

c)

Productivity

d)

None

59.

Value of natural resources can be Economic and Asthetic

a)

True

b)

False

60.

Resources that are used in their raw form without much modification.

a)

Natural Resources

b)

Human Resources

c)

All

d)

None

61.

The biofuel is an example of ______________

a)

Renewable Resource

b)

Non-renewable resource

62.

The banana peel is an example of _________

a)

Organic waste

b)

Liquid waste

c)

Recyclable waste

63.

The sand is an example of ___________

a)

Renewable resource

b)

Non-renewable resource

64.

Resources are divided in (a)  

65.

The wind is an example of __________

a)

Renewable resource

b)

Non-renewable resource

66.

_____________ is any form of liquid residue that is hazardous for people or the environment.

a)

Liquid waste

b)

Solid waste

c)

Hazardous waste

67.

_____________:The useless and unwanted products in the solid state derived from the activities

a)

Solid rubbish

b)

Liquid waste

c)

Hazardous waste

68.
A garbage truck driver is an example of which Factor of Production?
a)
labor
b)
land
c)
entrepreneurship
d)
capital
69.
Iron, minerals, coal and plants are examples of which productive resource?
a)
land
b)
labor
c)
entrepreneurship
d)
capital
70.

Factory workers are...

a)

Natural resource

b)

Labor resource

c)

Capital resource

d)

enterprise resource

71.

Which factor of production does this picture show?

a)

Natural Resources

b)

Labor

c)

Capital

d)

Entrepreneurs

72.

Which factor of production does this picture show?

a)

Natural Resources

b)

Labor

c)

Capital

d)

Entrepreneurs

73.

Which factor of production does this picture show?

a)

Natural resources

b)

Labor

c)

Capital

d)

Entrepreneurs

74.

Which factor of production does this picture show?

a)

Natural resources

b)

Labor

c)

Capital

d)

Entrepreneurs

75.

Which factor of production does this picture show?

a)

Natural resources

b)

Labor

c)

Capital

d)

Entrepreneurs

76.

Which factor of production does this picture show?

a)

Natural resources

b)

Labor

c)

Capital

d)

Entrepreneurs

77.

Which factor of production does this picture show?

a)

Natural resources

b)

Labor

c)

Capital

d)

Entrepreneurs

78.

Which factor of production does this picture show?

a)

Natural resources

b)

Labor

c)

Capital

d)

Entrepreneurs

79.

Which of the factors of production is this?

a)

capital

b)

entrepreneur

c)

land

d)

labor

80.

Which one is a need and not a want?

a)

going out to eat

b)

drinking a glass of water

c)

going to the movies

d)

luxury sports car

81.

Which one of the factors of production is this?

a)

capital

b)

entrepreneur

c)

land

d)

labor

82.

Which factor of production is this?

a)

capital

b)

entrepreneur

c)

land

d)

labor

83.

This factor involves money, equipment, and tools and any items to produce goods and services?

a)

capital

b)

entrepreneur

c)

land

d)

labor

84.
What is an entrepreneur?
a)
A person who starts a new business.
b)
A leader of a country.
c)
A worker in a factory.
d)
A student in college.
85.

Land includes...

a)

The "gifts of nature" or natural resources not created by human effort.

b)

the tools, equipment, and factories used in production of goods and services

c)

people with all their efforts and abilities

d)

individuals who start a new business or bring a product to market.