Unit 7
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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Factors of Production | Land,Labor,Capital, Entrepreneurship
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Commodities | Something or someone that is useful or valued
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Market Area | Geographic zone containing the people who are likely to purchase a firm's goods or services.
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Transnational Corporation | Research, factories, and market found in multiple countries
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Sustainability | A method of harvesting or using a resource so that it is not depleted.
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Bulk-Gaining | The finished product weighs more than the raw materials (bottling and automobiles)
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Bulk-Reducing Items | The raw materials weigh more than the finished product (copper and potato chips)
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Economic Interdependence | Condition in which people or groups rely on each other, rather than relying on themselves
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NAFTA | Allows for free trade between Canada, United States, and Mexico
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Hub and Spoke System | Distribution pattern in which all distributors move out from the center
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Land | Natural Resources
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Labor | Workers
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Capital | Money used for investments
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Entrepreneurship | New ideas and innovations
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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