Michigan's Economy

Limited resources and unlimited wants causes...

Which of the following is a public service provided by the government of Michigan?

because of scarcity people can't have everything they want. Because of this people have to....

People, regions, and countries make certain kinds of goods or services. This is called what?

Is a teacher an example of a natural, capital, or human resource?

Which of the following is a new economic activity in Michigan?

Which of the following would probably help Michigan most in the future?

Which is true? Michigan manufactures...

Who does Michigan trade with?

Where do you find most manufacturing in Michigan?

You decide on choice 2, but really want choice 1 too. What is the opportunity cost?

Which is true about farming in Michigan?

Because we specialize, we have to ______ to get what we want.

Is water a natural, capital, or human resource?

Scarcity is caused by limited resources and _________?

Why does Michigan collects fines, fees, and taxes?

The study of how people use resources to make goods and services is __________?

_____ affects choices

Specialization leads to_______ which leads to interdependence

Is a factory a natural, capital, or human resource?

Which of the following is NOT an example of a major economic activity in Michigan:

In order to have a strong future, what does does Michigan have to do?