Chapter 4 Flashcards
This type of farming produces enough food and materials to meet basic needs of the family
Subsistence Farming
Any type of energy resource that will run out some day
Nonrenewable
The people or businesses that buy products from any industry
Market
Taxes on Imports and exports
Tariffs
Natural resources extracted by primary industries
raw materials
Order from the Lord to subdue the earth
Dominion Mandate
Type of farmer who porduces large cash crops for profit
Commercial farmers
Remains of once living organisms that can be used as a source of energy; includes coal
fossil fuel
the application of science to industry
technology
any useful substance that can be found in the earth
Natural resources
The monetary value of all goods and services produced for sale within a country’s borders over a year
GDP
The average value of products produced by each person in the country
Per capita GDP
The worth that manufaturers add to raw materials
Value added
This country takes full advantage of their people’s skills
Developed
Country in which industris have not taken full advantage of their people’s skills
Developing