chpt. 6 Flashcards

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1
Q

another type of economy

A

market economy

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2
Q

this system lets competition among business determine the price of products

A

free enterprise

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3
Q

in this system, business, industries, and resources are privately owned

A

capitalism

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4
Q

the government decides what to produce, where to make it, and what price to charge

A

command economy

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5
Q

an economic and political system in which the government owns or controls almost all the means of production

A

communism

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6
Q

the total value of goods and services that a country produces in a year.

A

national product (GNP)

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7
Q

includes only goods and services created within the country is called

A

Gross domesticproduct (GDP)

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8
Q

the process by which manufacturing, based on machine power becomes widespread in an area.

A

industrialization

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9
Q

the percentage of people who can read and write- also reflect standards of living

A

literacy rate

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10
Q

the richest countries are called

A

developed countries

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11
Q

a system of roads, ports, and other facilities needed by a modern economy.

A

infrastructure

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12
Q

the worlds poorer countries are called

A

developing countries

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13
Q

the total value of goods and services that a country produces in a year

A

gross national product (GNP)

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14
Q

includes only goods and services created within the country is called

A

Gross domestic product

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15
Q

the percentage of people who can read and write

A

literacy rate

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16
Q

the richest countries

A

developed countries

17
Q

a system of roads, ports, and other facilities needed by a modern economy.

A

infrastructure

18
Q

the worlds poorest countries

A

developing countries

19
Q

learn how to grow and hunt for own use

A

domestication

20
Q

the growth in the proportion of people living in towns and cities is called

A

urbanization

21
Q

some cities grow into huge urban areas

A

world cities

22
Q

are transportation hubs where roads, railroads and buses come together.

A

central business district

23
Q

clusters of large buildings

A

edge cities

24
Q

the kind of agriculture practiced most widely around the world

A

subsistence agriculture

25
Q

farmers clear trees or brush for planting

A

shifting cultivation

26
Q

herding animals is called

A

pastoralism

27
Q

farmers grow products to sell to consumers

A

oriented agriculture

28
Q

the operation of specialized commercial farms with close links to others parts of the food industry.

A

agribusiness

29
Q

boundaries that follow a feature of the landscape are called

A

natural boundaries

30
Q

boundaries that are based on culture traits, such as religion or language is called

A

cultural boundaries

31
Q

boundaries that follow regulars, geometric patterns are called

A

geometric boundaries

32
Q

feeling pride and loyalty for one country or culture group is called

A

nationalism

33
Q

one person or a few people decide what is best fro everyone

A

totalitarian governments

34
Q

system in which the people decide who will govern is called

A

democracy

35
Q

the amount of product that can be imported

A

quotas