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Key Concept Check-Point Read the text and answer the questions. workers Japan is a small island nation in the Pacific Ocean. Although Japan has very little land, its population is very high-about 130 million people. Because it has a high population, Japan has many available workers. Japan uses its many in service industries such as banking, insurance, real estate, retail, and communication services. Japan provides those services to the Japanese people and to other nations, such as China and the United States. 1. How has Japan answered the three economic questions? What to produce? How to produce? For whom to produce? 2. Instead of producing agricultural products, much of Japan's food supply is imported from other countries. Based on Japan's available productive resources, why did this nation choose not to produce large amounts of agricultural products? 3. Find Japan on a globe. What natural resource surrounds Japan? How might Japan answer the question of "What to produce?" based on this resource? 4. Describe what human resources and capital goods would be necessary to produce the good or service you identified.

Key Concept Check-Point Read the text and answer the questions. workers Japan is a small island nation in the Pacific Ocean. Although Japan has very little land, its population is very high-about 130 million people. Because it has a high population, Japan has many available workers. Japan uses its many in service industries such as banking, insurance, real estate, retail, and communication services. Japan provides those services to the Japanese people and to other nations, such as China and the United States. 1. How has Japan answered the three economic questions? What to produce? How to produce? For whom to produce? 2. Instead of producing agricultural products, much of Japan's food supply is imported from other countries. Based on Japan's available productive resources, why did this nation choose not to produce large amounts of agricultural products? 3. Find Japan on a globe. What natural resource surrounds Japan? How might Japan answer the question of "What to produce?" based on this resource? 4. Describe what human resources and capital goods would be necessary to produce the good or service you identified.

Social Psychology (10th Edition)
Social Psychology (10th Edition)
10th Edition
ISBN:9780134641287
Author:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Publisher:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Chapter1: Introducing Social Psychology
Section: Chapter Questions
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Key Concept Check-Point Read the text and answer the questions. workers Japan is a small island nation in the Pacific Ocean. Although Japan has very little land, its population is very high-about 130 million people. Because it has a high population, Japan has many available workers. Japan uses its many in service industries such as banking, insurance, real estate, retail, and communication services. Japan provides those services to the Japanese people and to other nations, such as China and the United States. 1. How has Japan answered the three economic questions? What to produce? How to produce? For whom to produce? 2. Instead of producing agricultural products, much of Japan's food supply is imported from other countries. Based on Japan's available productive resources, why did this nation choose not to produce large amounts of agricultural products? 3. Find Japan on a globe. What natural resource surrounds Japan? How might Japan answer the question of "What to produce?" based on this resource? 4. Describe what human resources and capital goods would be necessary to produce the good or service you identified.
Transcribed Image Text:Key Concept Check-Point Read the text and answer the questions. workers Japan is a small island nation in the Pacific Ocean. Although Japan has very little land, its population is very high-about 130 million people. Because it has a high population, Japan has many available workers. Japan uses its many in service industries such as banking, insurance, real estate, retail, and communication services. Japan provides those services to the Japanese people and to other nations, such as China and the United States. 1. How has Japan answered the three economic questions? What to produce? How to produce? For whom to produce? 2. Instead of producing agricultural products, much of Japan's food supply is imported from other countries. Based on Japan's available productive resources, why did this nation choose not to produce large amounts of agricultural products? 3. Find Japan on a globe. What natural resource surrounds Japan? How might Japan answer the question of "What to produce?" based on this resource? 4. Describe what human resources and capital goods would be necessary to produce the good or service you identified.
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