Welcome to StudyStack, where users create FlashCards and share them with others. Click on the large flashcard to flip it over. Then click the green, red, or yellow box to move the current card to that box. Below the flashcards are blue buttons for other activities that you can try to study the same information.
Test Android StudyStack App
Please help StudyStack get a grant! Vote here.
Reset Password Free Sign Up

Free flashcards for serious fun studying. Create your own or use sets shared by other students and teachers.

Remove Ads
incorrect cards (0)
correct cards (0)
remaining cards (0)
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the Correct box, the DOWN ARROW key to move the card to the Incorrect box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

Correct box contains:
Time elapsed:
restart all cards

Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Chap. 3 SS-Logan

In a free economy, a business operates on a system of supply and demand
People used to barter to get things they needed by trading good and services
A business makes a profit by _______ the ______of its goods or services _______enough to pay for its costs and have money left over. setting price high
The first Americans might have been drawn to North America because they followed a migrating herd of animals
If a business makes more of a product than people want to buy, the price of the product will likely____ decrease
When two regions depend on one another for goods, services, and resources, they are said to be______ interdependent
TRUE or FALSE Trading by bartering is NOT a way people contribute to the nation's economy. TRUE
In the 1700's, most people lived in ________areas and ____________. rural farmed
In the 1800's, most people lived in ___________ and ____________________. cities worked in factories
In 1848, the discovery of_________led many people to move to California. gold
Advancements in technology in the late 1800's still seen in the U.S. today are__________,________, and _____________. railroads, steel, electricity
The role producers play in the economy is to_______________________. make goods or products to sell for profit
Transportation helps economically interdependent regions by helping regions___________________________. get the resources they need
A_______________is someone who makes goods or products to sell. producer
In the ________ a change that did NOT occur was that more people moved from cities to rural areas. 1800's
____________has not increased world trade. Bartering
If the supply of a popular product is much less than the demand for it, the price will likely____________. increase
Computer parts coming from all around the world is an example of_________________. globalization
Many settlers moved westward during the 1800's to___________________. find more land
Created by: Angie Graham Logan Angie Graham Logan on 2012-10-01

bad sites Copyright ©2001-2015  StudyStack LLC   All rights reserved.