5th - SS Chapter 3 Economy

Question 0

Activities people do for others for a fee; examples include medical treatment, education, equipment and car repairs, haircuts, and concerts?

Answer 0

Services

Question 1

The system of producing and consuming goods, clothing, cars and food?

Answer 1

Economy

Question 2

One who buys or uses goods or services?

Answer 2

Consumer

Question 3

Is a gift of nature, part of the natural environment such as water, trees or minerals?

Answer 3

Natural resources

Question 4

Are the people who produce the goods and provide the services?

Answer 4

Human resources

Question 5

Are the money and property - factories, tools, bridges, machines, and other items - used to produce goods and services?

Answer 5

Capital resources

Question 6

Is the amount left after costs are subtracted from the price?

Answer 6

Profit

Question 7

What are Louisiana’s natural resources?

Answer 7

Water, oil, natural gas, salt, sulfur, and lignite

Question 8

What are Louisiana’s main Industries?

Answer 8

Manufacturing, aerospace and aviation, biotechnology, tourism, movie making, fishing