Chapter 17 Review

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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 depositors
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

• 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

• Cashiers 2. Sales rep.
• 3. Buyers 4. Packers
• 5. Stock clerks 6. 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