Harcourt Social Studies Grade 3 Ch 11 Question Preview (ID: 51405)


Braelyn Social Studies Test Ch 11. TEACHERS: click here for quick copy question ID numbers.

What is an entrepreneuer?
a) a person who starts and runs a business
b)
c)
d)

Export
a) a good shipped from one country to another country (it EXits the country)
b)
c)
d)

Consumer
a) a person who buys (consumes) a product or service
b)
c)
d)

Income
a) the money people earn at work/their job (they bring $ IN to their home)
b)
c)
d)

Capital
a) money
b)
c)
d)

International trade
a) the buying and selling of goods between different countries
b)
c)
d)

Raw materials
a) natural resources that can be used to make a product (ex. metal, wood, rock, water, vegetables, coal)
b)
c)
d)

Human Resources
a) (humans) workers to run the factories, drivers to deliver products
b)
c)
d)

Capital Resources
a) the buildings tools, and equipment a business needs
b)
c)
d)

How do people get most of the goods they need?
a) a good idea
b) capital ($)
c) different resources
d) all of the above

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