Industry | Agriculture | Services | Money | Other |
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What is a Maquilidora?
A factory where materials are assembled into goods.
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What is the definition of livestock?
It is a farm animal.
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What is a service?
It is where people do work for others.
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What is money?
It is currency, or what people use to buy and sell items.
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What does technology do in a buisness?
It helps the production of products, but it has expenses for using it.
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What is a Cottage Industry?
Where a person gets materials>>> Person assembles materials>>>Person takes final product to sell.
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What are crops used for?
They are used for food and clothing
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What are 3 types of services that are very common.
3 services are police, firefighters, and hospital workers.
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Does all money have a worth of its apperance or look?
No, the U.S. has paper money, and $20 is not worth a piece of inked paper, but Americans agreed to make it worth that.
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Do people depend on economy for their life?
Yes, without economy, people and the world would be corrupted.
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What is a joint stock company?
Where people in a buisness enterprise with a transferrable share of merchandice.
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What is a farm actually used for?
Its used for food planting, clothes, and livestock raising.
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Are services all for others?
No, some services are for the person themself.
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Does money has 3 forms?
Money is found in paper money, coins and card form.
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What is Economy?
Wealth and resources of the land that are used, and the selling of goods.
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What is Mechanization?
The introduction of machinery to manufacturing and other activities.
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What are livestock used for?
They are used for Food, leather, and riding.
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(I will determine the answer)
Name a Service you know.
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What is a Debit card?
When you purchase something, it automatically takes money out of your bank account, and purchases the item.
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What is Simcity?
*Daily Double* A virtual game where you get to watch your own city grow and prosper, while making goods and doing services.
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What is an Entraprenuer?
It is a person who start a new buisness, create new products, and improves management.
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How much does an average farm make a year?
It makes about $170,000 a year.
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Is a computer a service?
Yes, because it helps give you information on subjects on the internet.
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Do all countries have the same currency?
No
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What is the difference in a buisness between tech/machinery or no tech/machinery?
The difference is profit, expenses, and production rate.
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