| A | B |
|---|
| The ___ ___ is located on the Susquehanna River. | Conowingo Dam |
| The Conowingo Dam is used to produce ___. | electricity |
| Water, rich soil, and minerals are all ___ ___. | natural resources |
| Many ___ make a living by fishing in the waters of the Chesapeake Bay. | watermen |
| A ___ is someone who makes or sells goods or services. | producer |
| ___ are material items. | Goods |
| ___ are useful things people do for others. | Services |
| In manufacturing, producers turn raw materials ___ ___. | into goods |
| A ___ is someone who buys or uses goods or services. | consumer |
| Maryland's fishing industry is not as ___ as it once was. | strong |
| ____ in Maryland are also important producers. | Farmers |
| ____ produce sand, gravel, and stone. | Miners |
| Sand and gravel come mainly from the ___ ___. | Western Shore |
| Stone is found in northern and ___ ___. | Western Maryland |
| ___ is mined in Western Maryland. | Coal |
| Coal is used as a ___, or energy source. | fuel |
| The way in which people use their resources is called ___. | economics |
| ___ means that there are not enough resources, goods, or services for everyone. | Scarcity |
| Because of scarcity, people have to make ___ | choices |
| the thing you give up when you decide to do or have something else is called ___ ___. | opportunity cost |
| If you choose one thing, you give up the ___ to buy something else. | opportunity |
| A ___ economy is based on farming and barter. | traditional |
| ___ is a way of trading goods and services without using money. | Barter |
| A ___ economy is based on supply and demand. | market |
| ___ is the amount of a product that consumers are willing to buy at different prices. | Demand |
| At higher prices, consumers buy ___. | less |
| At lower prices, consumers buy ___. | more |
| ___ is the amount of a product that businesses are willing to sell at different prices. | Supply |
| In a market economy, decisions are made by ___. | producers and consumers |
| A ___ economy is controlled by a strong central government. | command |
| The former ___ ___ had a command economy. | Soviet Union |
| For most of the 1800's, ___ was the occupations of most Marylanders. | farming |
| The use of scientific knowledge and tools to do things better and faster is ___. | technology |
| In the 1800's, the ___ ___ helped railroads and factories to grow. | steam engine |
| Today, computers and the ___ are creating new kinds of jobs in maryland. | Internet |
| The process of making goods from other materials is ___. | manufacturing |
| The knowledge, skills, and intelligence that workers provide is called ___ ___. | human resources |
| Tools, machines, and other equipment are called ___ ___. | capital resources |
| Most Maryland manufacturing takes place in or near ___. | cities |
| ___ businesses sell products directly to the consumer. | Retail |
| Maryland's economy includes a wide variety of ___ industries. | service |
| ___ workers in Maryland work in computer sciences or information technology. | High-tech |
