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23 Cards in this Set
- Front
- Back
surplus |
more than what is needed |
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supply |
amount of something availabled for sale |
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demand |
something that causes someone to leave a place |
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entrepreneur |
someone who takes risks to start a new business |
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capital good |
resource made by humans |
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risk |
a danger |
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opportunity cost |
the value of what is given up when a choice is made |
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push factor |
something that causes someone to leave a place |
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pull factor |
something that attracts someone to a new place |
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What helps people and products move most easily? |
A. paths through the woods B. improvements in transporation systems C. a state's rich soil D. laws banning inventions |
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What connected Ohio with states to the east? |
A. Wyandot Removal B. Mississippi River C. Northwest Ordinance D. National Road |
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Which of these made travel in Ohio fastest and cheapest? |
a. horses b. railroads c. keelboats d. steamboats |
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Who invented the reaper? |
a. Bezaleel Wells b. William Procter c. Obed Hussey d. James Gamble |
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What were pull factors for many Germans who came to Ohio? |
a. to fight in wars b. to own slaves c. to find good land and jobs d. to escape a harsh potato famine |
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What happened to the Wyandot Indians in 1843? |
a. They were allowed to go to public schools b. They were forced to leave Ohio c. They were put on a reservation in Ohio d. They built the National Road |
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Which statement describes entrepreneurs? |
A. They rarely take risks B. They always make a profit C. They produce goods or services D. They do not use productive resources |
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Which two waterways in or near Ohio are important for the transportation of goods and people across the nation? |
a. Lake Erie and the Ohio River b. Lake Ontario and the Atlantic Ocean c. the Pacific Ocean and the Ohio River d. the Gulf of Mexico and the St. Lawrence River |
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Why are entrepreneurs important? |
A. they reach higher levels of education
B. they take risks to create new products C. They spend more money on their employees D. They make more profits than other businesses |
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Which of Ohio's natural resourced powered American railroads and factories in the late 1800s and early 1900s? |
a. coal b. electricity c. rivers d. timber |
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Kalissa wants to save her money so that she can buy a new bike in two months. She earns $5.00 a week babysitting her neighbor. Which ones from the list of actions would help Kalissa buy her bike in two months or would not help her. |
Help- Save all her money each week and Babysit more hours in the week NOT HELP - Buy presents for all her friends and Spend all her money on new video games |
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Identify the resources this entrepreneur needs to make the business successful: |
Human Resources: workers and bakers Natural Resources: land to build the store and gas to run the overns Capital Goods: ovens and trucks |
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Explain why Ohio is so culturally diverse. Then explain how that diversity reflects the diversity of the entire nation. 3pts. |
Different groups of people migrated to Ohio Ohio is one of the most diverse states in the nation. |
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Describe one positive consequence of interstate highways growth. Then, describe one negative consequence of interstate highway growth. |
Positive- job growth, move business in Ohio Negative- pollution, destruction of habitats |