Economic Geography Pre Assessment

A market economy is when

• people hunt for food in nature.

• people buy and sell products.

• people forage for herbs.

• people live in a village.

A command economy is where

• the government dictates what is produced and how it is distributed.

• there is lumber.

• natural products are made.

• a person processes information.

Natural resources include

• private business

• education

• water, oil, soil, sun, plants, minerals

• trade

Economic activities have four categories

• 1. 1. singing

  2. 2. dancing

  3. 3. art

  4. 4. money

• 1. 1. coffee

  2. 2. tea

  3. 3. sandwiches

  4. 4. scones

• 1. 1. Farming

  2. 2. Mining

  3. 3. Swimming

  4. 4. Driving

• 1. 1. agriculture and aquaculture

  2. 2. manufacturing

  3. 3. public services

  4. 4. information processes

Trade occurs in a single country and internationally among other countries.

• True, trade occurs in a single country and with other countries.

• False, trade only happens in a single country.

Renewable resources

• can be taken from outer space.

• can not be made again.

• can be made again in a short period of time.

• exist in our world.

Nonrenewable resources

• can be made again.

• cannot be replaced.

• are new resources.

• come from the sun.

Agriculture is affected by

• aqueducts.

• crops.

• soil, water and sunlight.

World trade builds connections through

• globalization.

• privatization.

• working.

• labor.

What is the main difference between a market economy and a command economy?

• In a market economy, the government controls production, while in a command economy, businesses control production.

• In a market economy, businesses control production, while in a command economy, the government controls production.

• In a market economy, trade is not allowed, while in a command economy, trade is encouraged.

• In a market economy, trade is encouraged, while in a command economy, trade is not allowed.