Studying Economics

What is Economy?

• A system you get on to produce sell and buy goods and services

• Using something Eco Friendly

• The money the government keeps hiding

• A system of producing, selling, buying goods and services

An example of Scarcity is

• People want to buy Hi-C and a big shipment just came in

• People want to buy PS5 but not enough money

• People want to buy new Gaming computer but there are no more graphics cards available.

• People want to buy a pet monkey, but can't cause it is illegal (in our area)

Profit is

• The amount of money you make in total

• The amount of money you make after tax

• The amount of money you make after buying what you want

• The amount of money you make after expenses

Entrepreneur is

• A person who organizes, manages , and assumes the risk of a business

• A person who organizes, manages, and assumes the position of manager.

• A person who organizes, manages, and assumes the position of authority

• A person who organizes, manages, and assumes they are the best there ever was

The study of Earth's physical and cultural features

• Anatomy

• Biology

• Bibliography

• Geography

Resources are materials found in space that people need and value.

• True

• False

Environment is

• an area with one or more features that make it different from surrounding areas

• the surroundings or condition in which a person, animal, or plant lives or operates

• the surroundings or condition in which a person, animal, or plant acknowledges the physical features of the Earth

• an area with no features that make it different from surround areas

Region is

• an area with one or more features that make it different from surrounding areas

• the surroundings or condition in which a person, animal, or plant lives or operates

• the surroundings or condition in which a person, animal, or plant acknowledges the physical features of the Earth

• an area with no features that make it different from surround areas

Landforms

• Natural Features of the land's surface

• Natural Features of the weather's forecast

• The pattern of land conditions in a certain area over a long period of time

• The sporadic conclusion of land conditions in a certain area over a long period of time

What type of Climate do we have here in the CNMI?

• Tropical

• Dry

• Temperate

• Continental

• Polar