Economic Terms Review
Quiz by Ladonna Mielke
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32 questions
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- Q1anything that is of value to humansresource30s
- Q2anything from nature that is of value to humansnatural resource30s
- Q3money, large buildings, expensive machines, and infrastructurecapital resource30s
- Q4the number of people in a country and the skills they possesshuman resource30s
- Q5a natural resource that can regenerate itself with proper managementrenewable resource30s
- Q6a natural resource that will run out eventuallynonrenewable resource30s
- Q7a resource that can be used to generate powerenergy resource30s
- Q8coal, oil, and natural gasfossil fuels30s
- Q9how something looksaesthetics30s
- Q10people who must be trained over a long period of timeskilled laborers30s
- Q11people who can be trained in a short period of timeunskilled laborers30s
- Q12the ability to start and manage a businessentrepreneurial abilities30s
- Q13the basic systems that help an economy run such as roads, telecommunications, schools, and transportation networksinfrastructure30s
- Q14when a resource is gathered from nature such as farming, hunting, and fishingprimary economic activity30s
- Q15when a resource is processed into something useful or manufactured into somethingsecondary economic activity30s