SuperTeacherTools

Social Studies Chapter 3 Review Answer Key

Play This Game


Vocabulary 1
#1 To trade goods and services you have for those you need is to _______. barter
#2 The way people send and receive information is _____. communication
#3 The moving of goods, people, or animals from one place to another is ______. transportation
#4 When citizens have the right to produce any goods or services they want, it is called a _____. free enterprise system
#5 Putting scientific knowledge to practical use is ______. technology
Vocabulary 2
#1 A person who makes goods or products to sell for a profit is a _________. producer
#2 Is a new toy a need or a want? want
#3 The resources of a country, state, region, or community and how those resources are managed is called a(n) ______________. economy
#4 What you give up when you choose one thing over another is ______________. opportunity cost
#5 The amount of an item that consumers are willing to buy at different prices is called _______. demand
Early Americans
#1 In the 1800s, why did many settlers move west? They wanted to find more land.
#2 Why did the earliest Americans come to North America? They followed a migrating herd of animals.
#3 Why did many settlers move to California in 1848? Gold was discovered.
#4 What basic needs did most people trade for? food, clothing, shelter
#5 How do climate and resources cause regions to be economically interdependent? Regions produce different goods depending on the climate and resources of that region. Because they can't produce everything, they must depend on other regions to get other goods that they need.
Economy
#1 If you choose to buy a soccer ball instead of a basketball, what is your opportunity cost? the basketball
#2 The amount of an item that consumers are willing to buy at different prices is called ______. demand
#3 If the demand for a product is high, and the supply is low, what will happen to the price? The price will increase.
#4 If the demand for a product is low, and there is a large supply, what will happen to the price? The price will decrease.
#5 What does a business do to make sure it makes a profit? The business sets the price high enough that it can pay for its costs and still have money left over.
Industry
#1 What 2 resources were the most important in the industrial growth of the United States? iron and coal
#2 Because America was rich in iron and coal, what happened to industries? Industries grew.
#3 In the late 1800s, what was built that helped transportation? Railroads were built across the country.
#4 What did the rapid growth of industries cause people to do? People moved to the cities to find work.
#5 Name the 3 changes that happened in the late 1800s. Industries grew, people moved to the cities, and railroads were built across the country.
Final Question