dec. 9, 2013. f.o.a. (bellwork) when the economy has a downturn a country is experiencing a(n)...
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Dec. 9, 2013
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F.O.A. (Bellwork)When the economy has a downturn a
country is experiencing a(n) __________.Tariffs b. Recession
c. Inflation d. Depression
A drastic decline in a country’s economy when businesses fail and unemployment is high is __________.Tariffs b. Recession
c. Inflation d. Depression
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Essential QuestionsHow do you interpret economic issues using
maps, tables, diagrams, and charts?(7.2.4)What are the basic economic concepts?(7.2.1)
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TodayGo over skill checkWhiteboardMake notecardsAnnounce project
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AnnouncementTomorrow we’ll have a quiz over economic
stuff that you saw on the skill check.I’ll take the highest grade from the skill
check and quiz.
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Name an example of a primary industryA) Sell the manufactured goodB Provide the raw material or natural
resourceC) Have specialized skills and research about
the manufactured productD) Manufacture the raw material or natural
resource
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Name an example of a secondary resourceA) Sell the manufactured goodB) Provide the raw material or natural
resourceC) Have specialized skills and research about
the manufactured productD) Manufacture the raw material or natural
resource
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Name an example of a quaternary industryA) Sell the manufactured goodB) Provide the raw material or natural
resourceC) Have specialized skills and research about
the manufactured productD) Manufacture the raw material or natural
resource
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Fees or taxes charged when goods enter a country are calledA) TariffsB) RecessionC) InflationD) Depression
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When the economy has a downturn a country is experiencing a(n)A) TariffsB) RecessionC) InflationD) Depression
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A drastic decline in a countries economy when businesses fail and unemployment is high is
A) TariffsB) RecessionC) InflationD) Depression
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Government controls everythingA) DemocracyB) CommunismC) Monarchy
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People vote in electionsA) DemocracyB) CommunismC) Monarchy
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Queen or KingA) DemocracyB) CommunismC) Monarchy
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TermsTertiary industryPrimary industrySecondary industryQuaternary industryCommand economyMarket economyDepressionRecession
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DirectionsDivide your paper into eight squaresOn the front, write the term and a picture
that goes with it.On the back, write the definition and an
example.