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Test Review Louisiana History

Test Review Louisiana History. Economics & Resources Chapter 3. People needing and wanting more than the resources available can result in A. numerous choices. B. prosperity. C. scarcity. D. a surplus. Which group does NOT include examples of capital resources ?

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Test Review Louisiana History

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  1. Test ReviewLouisiana History Economics & Resources Chapter 3

  2. People needing and wanting more than the resources available can result in A. numerous choices. B. prosperity. C. scarcity. D. a surplus.

  3. Which group does NOT include examples of capital resources? A. factories, tools, machines B. minerals, wildlife, forests C. bridges, highways, airports D. oil refineries, rice mills, sugar refineries

  4. What is the system of producing, distributing, and consuming goods called? A. capital resources B. economy C. natural resources D. scarcity

  5. What can result when the available resources do not meet the needs and wants of the people? A. depression B. prosperity C. scarcity D. surplus

  6. What is the term used to describe the reliance of businesses and industries on one another in an economy? A. capitalization B. independence C. interdependence D. opportunity cost

  7. What is an example of a capital resource? A. forests B. machines C. minerals D. wildlife

  8. What is the name given to an economic practice in which a mother country controls the markets and resources of its colonies in order to acquire wealth? A. barter B. free enterprise C. mercantilism D. monopoly

  9. What was one of the earliest crops produced in Louisiana? A. corn B. potatoes C. sugar cane D. tobacco

  10. By the time of the Louisiana Purchase, what type of economy did Louisiana have? A. command B. market C. mercantilism D. traditionalism

  11. What resource is nonrenewable? A. clay B. cotton C. fish D. trees

  12. Where was the first offshore oil well drilled in Louisiana? A. Avoyelles Parish B. Caddo Parish C. Rapides Parish D. Vermillion Parish

  13. In what parish are most of Louisiana’s lignite deposits found? A. Bossier Parish B. Calcasieu Parish C. DeSoto Parish D. Grant Parish

  14. What is a use of pulpwood? A. flooring B. furniture C. houses D. paper

  15. Why has trapping declined in Louisiana? A. There has been a decline in the demand for fur. B. Laws have placed more restrictions on trappers. C. Animal rights groups have protested the practice. D. The number of fur-producing animals has declined.

  16. What is the largest source for crawfish in Louisiana? A. Atchafalaya Basin B. Gulf of Mexico C. Mississippi River D. Toledo Bend Reservoir

  17. What is an example of a service industry? A. aerospace B. petrochemical C. shipbuilding D. tourism

  18. What is the value of a person’s second choice called? A. alternative B. opportunity benefit C. opportunity cost D. profit

  19. Which is more likely to happen during a depression? A. Interest rates increase. B. There is high unemployment. C. Demand for goods decreases. D. There are more jobs available.

  20. Which is more likely to happen in an inflated economy? A. Supplies of goods decrease. B. There is high unemployment. C. More goods will be produced. D. People have less money to spend.

  21. What was the first economic system in Louisiana based on? A. barter B. gold standard C. mercantilism D. past beliefs

  22. Why did mercantilism fail in Louisiana? A. No gold or silver were found. B. A harsh climate made it difficult to establish farms. C. Merchants could not obtain the goods people wanted. D. Indians disrupted trade between the colony and the mother country.

  23. For what did Native Americans use salt? A. capturing animals B. preserving meat C. seasoning meat D. trading

  24. What mineral is used to make matches, gunpowder, medicine, and plastic? A. coal B. lignite C. oil D. sulphur

  25. For what are most of the trees in Louisiana used? A. Christmas trees B. flooring C. pulpwood D. sawtimber

  26. What animal found in Louisiana is endangered? A. alligator B. black bear C. deer D. wolf

  27. Which is NOT a game bird? A. dove B. heron C. quail D. wild turkey

  28. Which fish is used commercially? A. blue marlin B. mackerel C. redfish D. tuna

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