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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.Barbers2. childcare 3. Beauticians4. Dental assistant 5. Janitors6. Occupational & 7. Nursesphysical therapist 8. Doctors9. 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. Governor2. Mayor 3. Legislator 4. City counsel 5. Judge 6. Fire fighter 7. Police 8. Clerk 9. Social worker10. Military
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Name some trade occupations 1.Cashiers2. Sales rep. 3. Buyers4. 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
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