ct4 Flashcards
1
Q
define the term economy
A
The productivity of a country, all of the different types of jobs, buying and selling of goods, and the money earned as a whole.
2
Q
quaternary job sector with example
A
original ideas using intellect : making code for ai , chat gpt
3
Q
arable farms meaning
A
crops are grown
4
Q
pastoral farms meaning
A
animals are raised
5
Q
how does a farm make money?
A
by generating more output than input. ie earning more money by selling their products( wheet + barley ) than it cost to make/ grow them.
6
Q
the clark fisher model
A
shows how countries move through three phases: pre-industrial, industrial and post-industrial.
7
Q
how torisum
A