Topic Review: Production
Quiz by Quizalize - Grade 6 Social Studies
Grade 6
Social Studies (2018)
Texas Essential Knowledge and Skills (TEKS)
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20 questions
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- Q1Many countries are dependent on ___________ which is internationally traded by countries located in the Middle East.CornPineapplesOilWater30s113.18.6.C
- Q2Supply and demand affect the pricing of products that are traded internationally.FalseTrue30s113.18.6.C
- Q3When oil prices go up, it also affects the price of ____________?DiamondsMilkCornGas30s113.18.6.C
- Q4Globalization is the expansion of businesses within a small community.TrueFalse30s113.18.6.A
- Q5Companies take advantage of their natural resources, such as natural gas, fish or lumber to help create profit.FalseTrue30s113.18.6.A
- Q6An example of globalization is making goods in China and selling them in America.FalseTrue30s113.18.6.A
- Q7Nafta is a free trade agreement between these 3 countries.Canada, United States & MexicoUnited States, Russia & ChinaEngland, Ireland & ScotlandJapan, Vietnam & South Korea30s113.18.6.C
- Q8The E.U. or European Union is an agreement that united the economies of European countries by the sharing of a single currency, the Euro.FalseTrue30s113.18.6.C
- Q9Outsourcing allows companies to keep labor costs low by hiring in other countries with lower standards of living. A major company in America that does this is ________________.All of the answer choicesAppleNikeWalmart30s113.18.6.A
- Q10The impact of interdependence between countries means they need each other for financial success and encourages good economic relations.FalseTrue30s113.18.6.C
- Q11The biggest cash crop in modern-day America is corn and soybeans. The very first cash crop in America was ________________.CornSugarcaneCottonTobacco30s113.18.6.A
- Q12Although the United States is still the leading world economic power, this role is being challenged by the globalization of trade.FalseTrue30s113.18.6.C
- Q13The 4 factors of production are land (natural resources), labor, capital and _______________________.FactoriesEconomistEnterpriseGoods or Services30s113.18.6.A
- Q14When one part of factors of production is missing then there will be a ________________ supply of the item being produced.SufficientPlannedLimitedAbundance30s113.18.6.B
- Q15Undeveloped countries do not always have the required capital to produce economic results. The word capital refers to ___________.Required natural resourcesRequired amount of workersRequired technologyRequired equipment & money30s113.18.6.B