Term
| --- areas are cities or near cities. |
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Definition
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Term
Why did urban areas grow?
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Definition
Urban areas grew as businesses created more jobs.
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Term
| Name the 3 changes in the US population that has happened over the history of our country. |
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Definition
1. The US population has increased and become more diverse.
2. The US population has become more urban than rural.
3. People have moved from northern and central parts of our country to southern and western parts. |
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Term
| -- are towns or small cities near a large city. |
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Definition
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Term
| --- areas are places where people live out in the country side. |
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Definition
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Term
The United States has a
--- ---
economy. |
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Definition
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Term
| What is another name for a free market economy? |
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Definition
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Term
| Describe a free market economy. |
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Definition
| In a free market economy people can make, sell, or buy almost anything they want. |
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Term
| --- is the money that a business has left after it pays its bills. |
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Definition
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Term
| --- is the amount of a product or service that is avalable. |
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Definition
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Term
| --- is the amount of a product or service that people want and are willing to pay for. |
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Definition
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Term
| When is the demand for a product high? |
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Definition
| When many people want to buy the product |
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Term
| What are the main activities that make up an economy? |
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Definition
producing,
buying,
selling
and trading
of goods and services |
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Term
| We make economic choices. When you give up one thing to buy another, you are making a trade off. What you do not buy is called the --- cost. |
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Definition
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Term
| --- is the making of products which is mostly done in factories. |
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Definition
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Term
| In the past the main economic activity was ---. |
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Definition
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Term
| What is the history of economic activity in the United States? |
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Definition
1. In the past the main economic activity was agriculture.
2. Later it became manufacturing.
3. Today service industry is the largest part of our economy. |
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Term
| --- industries are businesses in which people are paid to do things for other people. |
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Definition
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Term
| What are some jobs that are service jobs? |
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Definition
| nurses, teachers, store clerks, lawyers, plumbers, police, firefighters, government workers |
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