Chapter 17 Review New Industries for the Future
Tourism is promoted through connecting the persons who provide the products and services with those who want them marketing
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
the purchase of goods and services by businesses for operating needs indirect impact
a business that sells directly to consumers. retailer
The amount individuals are willing to buy at a certain price affects demand
the amount of a product available for sale at a certain price supply
Making products by hand or by machine in West Virginia includes clothing makers. manufacturing
Sometimes banks use the money in a depositor’s account to provide money to someone else for a certain period of time. loan
During a business slowdown, people do not tend to spend as much money. recession
Some investors put there money in a special account whose interest fluctuates with the national interest rate money market account
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
Most West Virginia workers were employed in what kind of occupations in Service
Name three types of service occupations 1.Barbers2. childcare 3. Beauticians4. Dental assistant 5. Janitors6. Occupational & 7. Nursesphysical therapist 8. Doctors9. clergy 10. Health care
Name some construction jobs 1. Carpenters 2. Operators 3. Bricklayers 4. Ironworkers 5. Cement 6. Plasterers 7. Painters 8. Paperhangers 9. Roofers 10. Plumbers
Name some government occupations 1. Governor2. Mayor 3. Legislator 4. City counsel 5. Judge 6. Fire fighter 7. Police 8. Clerk 9. Social worker10. Military
Name some trade occupations 1.Cashiers2. Sales rep. 3. Buyers4. Packers 5. Stock clerks6. Ticket sales 7. Advertising
Name three types of industries found in the Ohio River Valley 1.Glass 2.Chemical 3.Oil & Gas 4.Tourism 5.Transportation 6.Finance
Name three industries found in the Allegheny Plateau 1.Mining (coal, oil, gas) 2.Government 3.High technology 4.Finance 5.Tourism 6.transportation
Name three industries found in the Allegheny Highlands 1.Timber 2.Mining (limestone, sand, clay) 3.Trade 4.Finance 5.Transportation 6.Tourism
Name three industries found in the Potomac Section 1.Farming 2.Government 3.Trade 4.Transportation 5.Finance
Name three high-tech businesses found in West Virginia in Mid-Atlantic Aerospace 2.NASA 3.FBI Fingerprinting Center 4.Biometrics Fusion Center 5.Information Manufacturing Corporation
Name some services that banks provide 1.Savings accounts 2.Checking accounts 3.Loans 4.Certificates of Deposit 5.Money markets
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.
How has biometrics been used? 1.To find missing children 2.To search auto records 3.Security
Name three tourist attractions 1.State Parks 2.New River Gorge Bridge 3.State Capitol 4.Ski Resorts 5.Whitewater Rafting 6.Hunting & Fishing
A company that is controlled by another company subsidiary
Identify the main geographical region in which each of the following occupations is found.
farming Potomac Section
wood-related industries Allegheny Highlands
government occupations Allegheny Plateau
glass industries Ohio River Valley
coal mining Allegheny Plateau, Allegheny Highlands