Unit 3 Vocab Quiz

Something with a practical use or value, as opposed to a service that can be bought & sold, especially an agricultural or mining product.

• service
• product
• commodity
• resource

The reduction or destruction of a nations or regions industrial capacity.

• Industrialization
• Deindustrialization
• Economic Growth
• Manufacturing Expansion

Something owed to another, such as money or services.

• Gift
• Asset
• Loan
• Debt

To send or transport abroad, usually for sale or trade.

• export
• import
• distribute
• transport

A building or set of buildings where products are manufactured.

• Warehouse
• Distribution center
• Factory
• Storefront

An extreme & widespread shortage of food.

• Famine
• Abundance
• Plenty
• Surplus

Any carbon containing fuel formed from the remains of prehistoric plants & animals, such as coal, petroleum & natural gas.

• Biomass energy
• Nuclear fuel
• Fossil fuels
• Renewable energy

A complex mix of economic & social changes caused by the shift of production from hand or physical labor at home or in small workshops to mechanized systems in large factories, as in the weaving of textiles.

• Industrial Revolution
• Agricultural Revolution
• Digital Revolution
• Technological Advancement

The process of introducing industry into a country, region or the like, usually on a widespread scale.

• Industrialization
• Globalization
• Capitalism
• Urbanization

A new method, approach, idea or the like.

• Tradition
• Stagnation
• Imitation
• Innovation