4-4B Economic Development & World Trade

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GHW.8.2 Prepare graphic representations, such as maps, tables, and timelines, to describe the global movement of goods and services between and among countries and world regions over time. Analyze and assess the patterns and networks of economic interdependence or lack of interdependence. (E)

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Lance Hiles

United States

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Matching Pairs 4-4B Economic Development & World TradeOnline version GHW.8.2 Prepare graphic representations, such as maps, tables, and timelines, to describe the global movement of goods and services between and among countries and world regions over time. Analyze and assess the patterns and networks of economic interdependence or lack of interdependence. (E) by Lance Hiles 1 Countries trade their specialized products to other countries that cannot produce those goods, this is also called an _____ . 2 Per the United Nations, countries with the lowest socioeconomic development are _____ _____ countries. Agriculture remains dominant there. 3 When countries cannot produce a certain good, they _____ it, or buy it from another country. 4 Secondary economic activities use raw materials to _____ a _____ that is more valuable than the original material: electronic goods, automobiles. 5 Most natural resources are not _____ _____ , so countries specialize in the economic activities best suited to those resources. 6 Multinational corps locate headquarters in developed countries and locate manufacturing in less developed countries, due to ___ ___ ___ . 7 International trade costs more than domestic trade due to country differences such as legal system, ____ barriers, or language, 8 Tertiary economic activities _____ _____ to people. e.g. Store clerks, lawyers, doctors, bankers, truck drivers, and teachers. 9 In less developed countries, some commercial farming occurs, but most farmers is _____ farming, or just enough food for family needs. 10 _____ _____ countries have moved from agricultural activities to manufacturing activities, which brings socioeconomic development. 11 Canada and the U.S. have more technology & industrialization, so they are called _____ countries. 12 The exchange of goods, labor, & capital across a country's borders is called _____ _____ . 13 Primary economic activities involve _____ _____ directly from the Earth: forestry, mining, farming, fishing 14 Because of modern techniques in developed countries, only a small percentage of workers are needed to _____ _____ . 15 International trade cost more than domestic trade due to _____ , which is a tax on goods from other countries. 16 One factor that promotes trade among countries is the _____ _____ of natural resources. 17 International trade costs more than domestic trade due to ______ delays 18 In a developed country, most people work in _____ or _____ industries and enjoy a high standard of living. 19 _____ influences whether a country's economic level is primary, secondary, tertiary, or quaternary, i.e. the country's level of economic development. 20 Quaternary economic activities are concerned with the distribution, processing, & management of _____ .

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