Studies Weekly #23 Review: Communities and Money

When two families have different jobs, they both work but may have different __________.

• incomes

• farms

• goats

• entrepreneurs

There are many famous entrepreneurs from Texas. This one started a skin-care and makeup company that still exists today.

• Sam Walton

• George Jones

• Mary Kay Ash

• Wallace Amos

Your farm has a bad freeze and there are not many fruits or vegetables produced. What two things could happen as a result?

• the farm would not have as much income

• you may need to buy new equipment

• you would need to sell a goat instead

• the farm would not be able to sell as much

When you buy/sell goods and services, this is called __________.

• marketing

• jobs

• income

• trade

Importing happens when a country makes something the United States needs but does not produce.

• true

• false

______________ is when the United States makes something that another country needs. We produce it and send it to them.

Which places below would be examples of international locations?

• New York City, New York

• Tokyo, Japan

• Guadalajara, Mexico

• Denver, Colorado

The United States trades internationally with all sorts of other countries, but it easiest to trade with countries nearby because the goods do not need to travel far. What countries are near the US and good from international trade?

A factory is one place _________ takes place.

What is something that could have an impact on small businesses?

• gas prices

• bicycles

• letters

• movies