Market - where buyers (consumers) & sellers (producers) come together to exchange goods and services. People exchange (14)_________ for these goods and services.
Service - an act for which a consumer is willing to pay. Examples: medical care, legal help, technology.
Money
The chart shows that Texas exports (sells goods & services) to many countries. Texas also imports (buys goods & services made in other countries) from other countries. The Texas economy, and hence US economy, depends on these import & export relationships. Many countries also depend on Texas’s goods & services. This shows that the Texas economy is (15)_____________ with many countries.
interconnected
What can you do if you don’t know what to write on the essays?
(16)__________________________________________________________________________
Are you ALLOWED to use THIS Study Guide WHILE you take the Test? (17)_______________
Can you receive full credit if you answer the essays below with 3 complete sentences that answer what is in italics on this Study Guide? (18)_______________
If you don't know what to write on the essays, it can be helpful to brainstorm ideas, create an outline, conduct research, or seek help from a teacher or tutor.
You need to check with your teacher or the guidelines of the test to see if you are allowed to use this study guide while taking an exam.
You may be able to receive full credit if you answer the essays with three complete sentences that clearly address what is indicated in the italics on the study guide. However, it ultimately depends on the grading criteria set by your instructor.