Help
Options
Question
One effect of scarcity is that consumers are ________likely to have their needs and wants _________.
click to flip
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't know
Question
The map showing global trade, helps us to see that the U.S. plays an important role in global trade because of the number of _____________partners it has.
Remaining cards (15)
Know
retry
shuffle
restart
0:00
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
Normal Size Small Size show me how
Chapter 4-Logan
| Question | Answer |
|---|---|
| One effect of scarcity is that consumers are ________likely to have their needs and wants _________. | less met |
| The map showing global trade, helps us to see that the U.S. plays an important role in global trade because of the number of _____________partners it has. | trading |
| If the supply becomes greater than the demand, the price of the product will __________. | fall |
| Trumpet lessons and babysitting are examples of ____________. | services |
| A good that is brought in from another place and sold in the U.S. is called an_____________. | import |
| We could predict that Lesson 1 will give examples of people's ____________ and __________because it tells us it will be about economies existing to satisfy their needs and wants. | needs wants |
| If a family has to choose between buying a better car and taking a vacation, they must consider the ____________ __________ of the vacation. | opportunity cost |
| If the demand for a product increases, it will cause the business to ____________the price of the product. | raise |
| Video games and shoes are examples of _____________. | goods |
| The United States government and the people of the United States both _______________ and _______________goods and services. | produce consume |
| A good that is shipped from the U.S. to another country and then sold there is called an _______________. | export |
| A woman who owns a business in which the government sets the prices operates in a ____________economy. | command |
| The difference between taking a guess and making a prediction is that a prediction is an __________guess based on certain ___________. | educated clues |
| One effect of the price of a product decreasing is that consumers will have ________money to spend on other products. | more |
| Money is used instead of bartering because it can be traded for anything, it's easy to carry, it can be divided into smaller quantities, and it is ___________. | uniform |
| If the supply of a product is low and the demand for that product is high, then the price of the product will _________. | rise |
Created by:
Mrs. Logan
Popular Social Studies sets