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Gr 8 Geo - Strand B - Economic Systems Flashcards | StudBud
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Gr 8 Geo - Strand B - Economic Systems
Gr 8 Geo - Strand B - Economic Systems
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Grade 8 - Strand B Geography Ontario Curriculum
Flashcards
17 cards
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Practice quiz
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Questions
17
Answers
1
Oil and gas is a ......
economic resource
solar resource
non-renewable resource
renewable resource
2
Market Economy is when....
is when all different types on people have decisions
goods produced are based on supply and demand
the government makes full decisions on goods
is when the country grows one type of crop
3
G.D.P. stands for...
Grand Domestic Products
Grot Domestic Product
Gross Domestic Product
Growth Domestic Products
4
Command Economy is...
when supply and demand commands the decisions.
none of the above.
when the country's economy depends on their skills.
when the government decides and controls the economy.
5
The Economics Resources are...
land, entrepreneurial, market, mixed economy
primary, secondary, tertiary
entrepreneurial, land, capital, labour
labour, capital, tertiary, land
6
Economic Systems is....
the way a country depends on their population
the way a country decides on currency
the way a country makes their decisions
the way a country produces, distributes and consumes goods
7
Ms. Yoo's birthday is in .....
December
November
October
September
8
Tertiary Industry is....
The customer
Manufacturing a car
A nurse
Growing corn
9
No government control, consumer choice, competition based....
Traditional Economy
Traditional Economy
Market Economy
Command Economy
10
The Economic Systems are....
Traditional, Primary, Secondary, Market
Market, Command, Traditional, Mixed
Market, Command, Mixed, Crowne
System, Market, Buyers, Entrepreneur
11
Some examples of Secondary Industries are... (select all that apply)
Retail
Factory
Construction
Manufacturer
12
In Canada, the government owns and controls some essential services.
No.
True
Sometimes
False
13
Canada's Economy is based on a ....
Market Economy
Corporation Economy
Secondary Economy
Mixed Economy
14
Traditional Economy....
is when a country make and grow their own food and goods
is when a country is depending on just one type of resource
is when a country depends on their taxes to produce goods
is when a country meets their needs by buying products
15
Natural Resources come from ...
small offices
small companies
environment
factories
16
Forestry is an example of ....
Tertiary Industry
Command Industry
Primary Industry
Secondary Industry
17
An example of Primary Industry is....
Farmers
Packagers
Miners
Bull Riders
