The TYPE of Industry called MANUFACTURING is at which LEVEL of Industrial Production?
SECONDARY
The TYPE of Industry called AGRICULTURE is at which LEVEL of Industrial Production?
PRIMARY
Which systematic manufacturing process allows for the mass production of products in a most efficient manner?
ASSEMBLY LINE
What TERM refers to a condition where a business's total revenues exceed their costs? (p.s. this is the GOAL of ALL businesses)
PROFIT
Who or what makes ALL decisions and controls all means of production in a COMMAND ECONOMY?
GOVERNMENT
Name a COUNTRY that still uses a COMMAND economy today?
NORTH KOREA or CUBA
What term refers to "the countryside" ; i.e. the opposite of URBAN?
RURAL
What TERM refers to items sent IN to a country and therefore purchased from somewhere else?
Import
Which ECONOMIC INDICATOR tells the number of babies (out of 1,000) that dies before reaching age 1?
INFANT MORTALITY RATE
In order to determine a country's per capita GDP, you must divide the Gross Domestic Product by what?
POPULATION
What TYPE of Industry is shown here?
RETAIL
What TYPE of Industry is shown here?
SERVICE
What TYPE of Industry is shown here?
WHOLESALE!!!!
Which LEVEL of Industry takes natural resources from the Earth: mining, forestry, fishing, & agriculture.
PRIMARY
Which LEVEL of Industry makes products using the natural resources: construction, factories, and processing plants.
SECONDARY
Which LEVEL of Industry provides a service: such as restaurants, supermarkets, hospitals, education, & emergency services.
TERTIARY
