Economic Geography

Volvo builds trucks in Pulaski County, but gets parts from many other countries, is an example of...

Resources are NOT equally distributed.

What type of resouce is used when people make up the workforce?

The idea that countries must work together is

"People have power and choice in what they buy." What economic term is this describing?

Trees are an example of what type of resource?

Purchasing goods from outside the United States.

According to this map, what country has the largest oil reserves?

Growing interdependence of the world's economies, cultures, and populations is...

Mining rare earth magnets from China is an example of...

Scarcity refers to______ .

All of the following are characteristics of a free market economy EXCEPT

What do you call the process of combining resources to make goods and services?

When supply of a product is high and demand is low, what will happen to the price of the item?

Selling goods to other countries.

According to the map, which country EXPORTS the most?

What is the amount of goods and services CONSUMERS are willing to buy at a certain price?

According to this map, what country in North American produces clothes and shoes?

A bulldozer is an example of what type of resource?

All of the following are considered types of resources EXCEPT