Unit 4&5 CUA Review

Which Grand Division of Tennessee is most responsible for chickens, pigs, dairy cows, coal, timber?

Is the picture an example of a good or a service? Building a house

Is the picture an example of a good or a service? A shipping container carrying supplies

When you exchange _____, you care exchanging in your community near where you live

Is the picture an example of a good or a service? Doctors performing surgery.

Which Grand Division of Tennessee is labeled Number 1?

Is the picture an example of a good or a service? Math supplies

How much or how many of a product the people want to buy is called ____.

Which Grand Division of Tennessee is most responsible for soybeans, tobacco, zinc, timber?

What would happen to the price if supply is LOW and demand is HIGH?

Which Grand Division of Tennessee is most responsible for cotton, corn, soybeans, timber?

Which Grand Division of Tennessee is labeled Number 3?

Natural Resource or Finished Product? A completed good to be used; not made into another product

Which Grand Division of Tennessee has flat land?

Whenever you don't have enough resources to meet the unlimited wants or demands, that is called ___.

What would happen to the price if supply is HIGH and demand is LOW?

Who are people who buy or use goods and services to satisfy their needs or wants?

Which Grand Division of Tennessee has rolling hills, valleys, and mountains?

Importing or Exporting? TN produces tobacco and ships it to California

The price of a good or service is determined by how much of it is available, which is called ___.

Importing or Exporting? USA receives items from China

Which Grand Division of Tennessee is labeled Number 2?

When you exchange _____, you are exchanging within the grand divisions of Tennessee, or other places.

Which Grand Division of Tennessee has gently rolling hills?

Is the picture an example of a good or a service? An expensive pencil

Natural Resource or Finished Product? Something from the land.

Who are people and businesses that use resources to make goods and services?