Page 44 - Key to Social Studies 4

1 1 3 ECONOMICS & CIVICS

LESSON 10

6 Fill in the blanks using the following words.

Elon Musk materials finished raw technology

labor hydroelectric Karl Benz entrepreneurs

1. Factories must know the they need to produce a product.
2. materials are processed and turned into
products.

3. is the mental and physical work done to produce products.
4. are risk takers who try to solve problems with modern
solutions.

5. The Industrial Revolution resulted in new which helped
factories increase their production.
6. power is surveyed to give 20% of the world’s energy
requirements.

7. developed the first practical gasoline car, while
tried to reach fully electric luxury cars.

7 Imagine that you are an entrepreneur. What project are you going to start?
What inputs will be needed? Classify them.

8 What would happen if technology was not used in production?

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