Definitions Flashcards
Define consumerism
Our desire to own products that exceed our basic human needs
Define needs vs wants
Needs are things humans require to survive. Wants are things we desire but are not necessary for survival
Define commodity
a raw material or primary agricultural product that can be bought and sold, such as copper or coffee
Define e-waste
the amount of rubbish produced by the technology industry, such as old mobile phones
Define trade
Trade is the exchange of goods and services between countries
Define import
Imports refer to the goods and services that a country buys from other countries
Define exports
Exports are the goods and services that a country sells to other countries
Define migrant
a person who moves from one place to another, especially in order to find work or better living conditions
Define immigration
the action of coming to live permanently in a foreign country
Define emigration
the act of leaving one’s own country to settle permanently in another; moving abroad