WorksheetsUnit 1 Review
Total questions: 22
Worksheet time: 25mins
What was one cause of the French and Indian War?
Money
Land
Freedom
Slavery
During the French and Indian War the British and the French were fighting over control of which area?
Mississippi River Valley
Connecticut River Valley
Pennsylvania River Valley
Ohio River Valley
Who did Native American form an alliance with during the French and Indian War?
The British
The French
The British and the French
The French and the Spanish
What ended the French and Indian War?
The Treaty of Versailles
The Treaty of Paris 1763
The Proclamation of 1763
Proclamation of French Defeat 1763
Who won the French and Indian War?
Great Britain
France
Spain
Native Americans
What is a natural resource?
things we need to survice
materials found in nature that are useful or necessary to life.
materials that are man made
the people who work for a business
What are human resources?
things we need to survive
people that have lots of money
the people who work for a business
people who are smart
What are capital resources?
tools and machines
goods produced and used to make other goods
capital goods
all of the above
Which resources are man-made?
natural
human
capital
land
Humans doing a job or making things.
Natural Resource
Capital Resource
Human Resource
Entrepreneur
A person who starts their own business to provide jobs.
Entrepreneur
Capital Resource
Human Resource
Natural Resource
Which item is not a capital resource a teacher would use?
computer
desk
paper
lawnmower
Which is NOT a raw material?
wood
water
coal
machine
What is a good?
Items purchased to satisfy needs and wants
money provided, especially by an organization or government, for a particular purpose.
Actions or activities that one person performs for another
a required payment to a local, state, or national government
What are services?
Items purchased to satisfy needs and wants
Actions or activities that one person performs for another
Obtaining money, goods, or services in exchange for promise of future payment
something, typically money, that is owed or due
A dentist cleaning your teeth is a....
service
good
to trade with goods rather than money
Demand
Voluntary
Trade
Barter
______________ are people who use natural resources, human resources, and capital resources to make goods or provide services.
Producers
Services
Goods
Resources
________________ are people who use services or buy goods.
Producers
Resources
Pretty
Consumers
The good or service that you give up when you make an economic choice is called _____________________.
opportunity cost
economic choice
economic interdependence
economic specialization
The term used when there is not enough of something to go around is __________________.
scarcity
economic choices
resources
opportunity cost
people produce only some of the goods and services they consume
competition
interdependence
specialization
producer
