chapter 17 review new industries for the future
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TRANSCRIPT
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Chapter 17 Review
New Industries for the Future
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Tourism is promoted through connecting the persons who
provide the products and services with those who want them
marketing
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Paying for a meal in a restaurant is an example of the initial impact of the
value of goods and services paid by a tourist.
direct impact
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the purchase of goods and services by businesses for
operating needs
indirect impact
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a business that sells directly to consumers.
retailer
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The amount individuals are willing to buy at a certain price affects
demand
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the amount of a product available for sale at a
certain price
supply
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Making products by hand or by machine in West
Virginia includes clothing makers.
manufacturing
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Sometimes banks use the money in a depositor’s
account to provide money to someone else for a certain period of time.
loan
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During a business slowdown, people do not tend to spend as much
money.
recession
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Some investors put there money in a special
account whose interest fluctuates with the
national interest rate
money market account
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Investors may purchase a certificate issued by a financial institution that pays interest
and is written for a set period of time.
certificate of deposit
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Most West Virginia workers were employed in what kind of occupations
in 2001.
Service
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Name three types of service occupations
1. Barbers 2. childcare
3. Beauticians 4. Dental assistant
5. Janitors 6. Occupational &
7. Nurses physical therapist
8. Doctors 9. clergy
10. Health care
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Name some construction jobs
1. Carpenters 2. Operators
3. Bricklayers 4. Ironworkers
5. Cement 6. Plasterers
7. Painters 8. Paperhangers
9. Roofers 10. Plumbers
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Name some government occupations
1. Governor 2. Mayor
3. Legislator 4. City counsel
5. Judge 6. Fire fighter
7. Police 8. Clerk
9. Social worker 10. Military
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Name some trade occupations
1. Cashiers 2. Sales rep.
3. Buyers 4. Packers
5. Stock clerks6. Ticket sales
7. Advertising
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Name three types of industries found in the
Ohio River Valley 1. Glass
2. Chemical
3. Oil & Gas
4. Tourism
5. Transportation
6. Finance
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Name three industries found in the Allegheny
Plateau 1. Mining (coal, oil, gas)
2. Government
3. High technology
4. Finance
5. Tourism
6. transportation
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Name three industries found in the Allegheny
Highlands 1. Timber
2. Mining (limestone, sand, clay)
3. Trade
4. Finance
5. Transportation
6. Tourism
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Name three industries found in the Potomac
Section 1. Farming
2. Government
3. Trade
4. Transportation
5. Finance
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Name three high-tech businesses found in West
Virginia in 2002 1. Mid-Atlantic Aerospace
2. NASA
3. FBI Fingerprinting Center
4. Biometrics Fusion Center
5. Information Manufacturing Corporation
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Name some services that banks provide
1. Savings accounts
2. Checking accounts
3. Loans
4. Certificates of Deposit
5. Money markets
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Why are people less likely to borrow money when interest rates are high?
Because they have to pay back a lot more money than they
borrow.
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How has biometrics been used?
1. To find missing children
2. To search auto records
3. Security
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Name three tourist attractions
1. State Parks
2. New River Gorge Bridge
3. State Capitol
4. Ski Resorts
5. Whitewater Rafting
6. Hunting & Fishing
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A company that is controlled by another
company
subsidiary
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Identify the main geographical region in
which each of the following occupations is
found.
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farming
Potomac Section
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wood-related industries
Allegheny Highlands
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government occupations
Allegheny Plateau
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glass industries
Ohio River Valley
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coal mining
Allegheny Plateau, Allegheny Highlands