Core Concepts 5 & 6 Flashcards
What is the word for a general increase in prices over time?
Inflation.
Define the word Immigrant.
A newcomer who arrives from somewhere else and settles in a new country.
This is the total number of people living within a country.
Population.
Define death rate.
The number of deaths per 1,000 in a year.
What are goods and services produced WITHIN a country and sold OUTSIDE the country’s borders?
Exports.
Poor, overcrowded neighborhoods are called?
Slums.
If a country has a strong economy and a high standard of living it is said to be a what?
Developed country.
If you are buying and selling WITHIN a country that is considered what kind of trade?
Domestic Trade.
This is a name for things that attract people to new countries.
Pull factors.
Name three ways migration is described?
Internal migration, emigration, or immigration.
Define birthrate?
The number of live births per 1,000 people in a year.
If an area has a high rate of infant death they are said to have a high what?
Infant mortality rate.
Define Stock
A share of ownership in a company.
If a country has a trade barrier what does that mean?
It means they have a government policy or restriction that limits international trade.
What is the money called that a company has left after they pay their costs of doing business?
Profit.
