Students identify a nonrenewable resource, predict what a drought does to orange prices, and explain why countries trade. Part B has five fill-in-the-blank problems about fossil fuels, high demand for a scarce toy, and the term for buying more than selling.
Price change prediction from a supply disruption — a drought reducing orange supply — applies supply and demand reasoning to a real-world scenario.
Style:
Resources and Trade
Part A: Multiple Choice
Circle the best answer for each question.
1. Which of these is a nonrenewable resource?
A) Sunlight
B) Trees
C) Wind
D) Natural gas
2. If a drought destroys orange crops, what will likely happen to the price of oranges?
A) The price will decrease
B) The price will increase
C) The price will stay the same
D) Oranges will become free
3. Why do countries trade with one another?
A) They want to use up resources faster
B) No country has every resource it needs
C) Trade makes resources nonrenewable
D) Countries trade only when they have extra money
4. Which is an example of a capital resource?
A) A river
B) A teacher
C) A tractor on a farm
D) A bushel of wheat
Part B: Fill in the Blank
Write the correct answer on each line.
1. Oil, coal, and natural gas are called fossil fuels.
2. When many people want the same toy and stores have only a few left, the demand is high.
3. A country that buys more than it sells has a trade deficit.
4. Farmers are an example of human resources.
5. Solar panels and wind turbines help produce renewable energy.
Resources and Trade
★ Part A: Multiple Choice
Circle the best answer for each question.
1. Which of these is a nonrenewable resource?
A) Sunlight
B) Trees
C) Wind
D) Natural gas
2. If a drought destroys orange crops, what will likely happen to the price of oranges?
A) The price will decrease
B) The price will increase
C) The price will stay the same
D) Oranges will become free
3. Why do countries trade with one another?
A) They want to use up resources faster
B) No country has every resource it needs
C) Trade makes resources nonrenewable
D) Countries trade only when they have extra money
4. Which is an example of a capital resource?
A) A river
B) A teacher
C) A tractor on a farm
D) A bushel of wheat
★ Part B: Fill in the Blank
Write the correct answer on each line.
1) Oil, coal, and natural gas are called fossil fuels.
2) When many people want the same toy and stores have only a few left, the demand is high.
3) A country that buys more than it sells has a trade deficit.
4) Farmers are an example of human resources.
5) Solar panels and wind turbines help produce renewable energy.
Ready to Practice?
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9 Questions
12-18 minutes
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