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Free Enterprize
social studies
| Question | Answer |
|---|---|
| Free Enterprise | Economic system in which people are free to start their own businesses and own their own property |
| regions | large area that has common features that set it apart from other areas |
| entrepreneur | a person who starts a new business hoping to make a profit |
| geography | study of the earth and how people use it |
| products | things made |
| services | something done for you |
| supply | amount of something made |
| demand | the need for that something made |
| consumer | the people who buy the products |
| producer | the people who make the products |
| import | a good that one country buys from another |
| export | a good that one country sells to another |
| 2 choices of a free enterpris system | consumers have a choice of what to buyconsumers have choices of hoe to spend their money |
| 2 choices of a free enterprise system | people can start their own businessencourages inventors to create new and useful things |
| 5 geographic regions of the United States | Northeast, Southeast, Midwest, Southwest, West |
| Northeast | New York is the largest city in the USA and is in this region |
| Northeast | Long coastline, and uses resources from the sea |
| Southeast | Two of the busiest ports in the United Stated |
| Southeast | large area of good farmland located near the Mississippi river |
| Southwest | Very hot tempetures |
| Southwest | Home of the Grand Canyon |
| West | Divided into 2 areas Pacific West and he Mountain States |
| Midwest | divided into smaller regions, The Great Plains States ,and The Great Lakes States |
| midwest | many large farms in both regions |
| Northeast | Maine, Vermont, New Hampshire, Rohade Island, Mass. |
| Southeast | Florida, South Carolina |
| Midwest | North Dakoda, South Dakoda |
| Southwest | Texas, Arizona |
| West | California, Washington |
| 1 way people use the land in our country | agriculture- using the land to farm |
| interdependence | when regions rely on eachothers resources to make products. One region might have steel, and the factory is in another region then they depend on eachother to make that one product |
| natural resources | things in nature that people can use |
| The United States has many natural resources | minerals- found in the earth like gold, copper, saltand fossil fuels. made form dead animals and plants can be used for oil to heat homes |
| renewable resources | resources that can be replaced such as trees |
| nonrenewable resources | resources that can not be repalced example fossil fuels |
| conservation | protecting and using resources carefully |
| enviroment | all the things that surround us |
| pollution | harful to the enviroment |
Created by:
VinnyHynes
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