| Economic Activity | Economic Systems | The Four Economic Sectors | Finding Economic Patterns | Comparing Levels of Economic Development |
|---|---|---|---|---|
|
What is actions that involve producing, distributing, or consuming goods and services.
Define economic activity?
|
What is the structure of a country's economy, including the ownership of resources, and how those resources are used to satisfy people's needs and wants.
Define economic systems?
|
What is four economic sectors.
How many different economic sectors?
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What is growing number of industries, few wealthy citizens, many workers unemployed, low incomes, shortages of food, poor housing, low levels of technology, and many people who work on farmland outside of the city.
Identify three characteristics of developing countries?
|
What is three different levels.
How many different levels of economic development have been categorized by the United Nations?
|
|
What is attending school, working part-time, going to a movie and buying lunch.
Name two examples of economic activity?
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What is no government control (none).
How much control does the government have in a traditional economy?
|
What is the quaternary industry.
What is the industry that focuses on the application of ideas and knowledge, such as software development or education?
|
What is more developed economies.
What type of economy has high levels of technology?
|
What is Burkina Faso, Spain and Thailand.
Give an example of a country from each of the different levels of economic development?
|
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What is the World Bank.
What large organization lends money to developing countries to fund new development projects?
|
What is the command economy.
In what economy does the government own or control all the resources, goods, services, and makes all the economic decisions?
|
What is styrofoam.
What is the example that was used in each of the economic sectors?
|
What is 150 years ago.
How long ago did most Canadians farm the land?
|
What is Burkina Faso.
In what least developed economic country is about 90 percent of its workforce farms the land and contributes to the GDP?
|
|
What is starting a new small business.
What can we do to strengthen the economy of a developing country and improve the quality of life?
|
What is the market economy.
Who makes all the economic decisions in a market economy?
|
What is an industry that harvests natural resources from nature, such as forestry.
Define the primary industry?
|
What is the service industry.
What became the main source of employment in Canada?
|
What is buying more consumer goods and services.
People in countries with developing economies get extra income that they do what with?
|
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What is the floating market that hundreds of small business owners travel to with canoes to sell locally grown fruits and vegetables.
What kind of market is in the Solomon Islands?
|
What is the government can make regulations to protect the environment, workers and the consumers.
What is an advantage of a mixed economy?
|
What is a fast-food restaurant that sells food and drinks in styrofoam together.
Give an example of the tertiary industry?
|
What is secondary, tertiary, and quaternary industry.
In the chart what economic sector has an overall increased percentage of employment by the type of industry?
|
What is service and knowledge industries, such as research and development.
In countries with more developed economies like Canada about 76 percent are workers are employed in what industries?
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