Why do people trade with each other?

People need to survive, They want resources, They need resources

Goods grown or made in a country

Why do people move from one country to another?

To make bank, To make more money, Escape poverty, Economic opportunties

Amounts of goods and services available to trade

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Introduction to Trade

22 termsStudBud Administration476 plays

Introduction to trade #socialstudies

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Questions 22

Answers

1
What is demand?
To sue
The wants people want
The amount of goods people want
To demandar
2
What is export?
Goods leaving country of origin
Selling lemonade to your neighbor
Goods entering another country
Selling your XBox
3
Name this continent.
North America
Europe
Africa
Asia
4
Who am I?
Marco Polo
Sir Isaac Newton
Johannes Gutenburg
Albert Einstein
5
What is profit?
Making it rain
The amount it costs to have a business
Benjamins
The amount of money made after cost of good sold
6
Name this country's flag.
Korea
Portugal
China
Italy
7
Name this continent.
South America
Australia
North America
Asia
8
Name this continent.
Europe
North America
Asia
Africa
9
What is trade?
Sending your brother or sister to another country
The transfer of money
Exchange of goods and services
The want of goods and services
10
What form of transport did people use to trade 800 years ago?
Martime
Airplane
USS Enterprise
Caravan
11
Why do people trade with each other?
People need to survive
They want resources
They have everything
They need resources
12
Name this country's flag.
India
Japan
Vietnam
Croatia
13
Name this country's flag.
Russia
Italy
Romania
Portugal
14
What is price?
Amount of payment
I don't know
What you see at the store
Dollar bills
15
Name this country's flag.
Ireland
France
United Kingdom
Scotland
16
What are resources?
A quantity of items found in a country
A poster
Things you don't have
Goods grown or made in a country
17
Name this continent.
Africa
Asia
North America
Europe
18
Why do people move from one country to another?
To make bank
To make more money
Escape poverty
Economic opportunties
19
What is barter trade?
One thing for another
More money, more problems
Exchange of money
One service for money
20
What is supply?
Amounts of goods and services available to trade
Figuring out how many coins you have in your pocket
Wanting goods and services
Rice
21
What is import?
Goods leaving country of origin
Bring files from another computer
Good entering a country
Selling lemonade to your neighbor
22
Name this continent.
Asia
Africa
North America
Europe

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