Video Worksheet
Unit 2 Understanding Markets
Types of Markets
Directions: Review the questions below and think about these questions as you watch the video. Take
notes that answer these questions as the video plays.
1.
Explain In this video, what are the examples given for the local factor market, the labor market, the
global product market, the secondary market, and the local product market?
2. Making Connections How do you participate in the local factor market and/or the local product
market?
3. Analyze Using the examples given in this video, how could changes in one market affect other
markets?