human geo Flashcards
What part of the shoe is found in texas and venezuela?
Leather
What part of the shoe is from Saudi Arabia?
Foam padding
What part of the shoe is from Taiwan?
Synthetic rubber
What is the definition of consumption?
the using up of goods and services. This term is also used to describe the purchase and use of goods and services by consumers.
What is the definition of developed countries?
a wealthy country with an advanced economy. Developed countries have many industries and provide a comfortable way of life for most of their people.
What is the definition of developing countries?
a poorer country with a less advanced economy. In general, developing countries are trying to increase their industries and improve life for their people.
What is the Gross Domestic Product(GDP)?
the total value of goods and services produced in a country in a year
What is the definition of per capita?
or for each person. A per capita figure is calculated by dividing the total amount of something by the number of people in a place.
What is IT?
the use of technology to move, record, and process information. IT includes computers, communication satellites, cell phones, and the Internet.
What is outsourcing?
to hire someone outside a company to do work that was once done inside the company. Information technology has made it possible to outsource jobs to businesses in other countries.
What is a comparative advantage?
the ability of one country to produce a good or provide a service at a lower cost or more effectively than another country
What is a time zone?
an area that uses the same clock time. Earth is divided into 24 standard time zones. Clocks in each zone are set to the same hour and minute.
What are some reasons that India has a comparative advantage?
Low wages, huge workforce, speak english
Smart people leaving is….
Brain Drain
Why do so many people want to work in the IT industry?
Good pay and work environment
Why is english spoken is India so commonly?
It was a british colony
What is the definition of economic interdependence?
a condition in which countries have strong economic ties and depend on each other for resources, technology, trade, and investment
What is the definition of free trade?
the flow of goods and services across national borders, with little or no government control
What is the definition of globalization?
the development of a global, or worldwide, society in which people, money, information, and goods flow fairly freely across national borders
What is the definition of a multinational corporation?
a large company that has operations in more than one country
Why did sneaker companies move their productions offshore to Asian countries?
Low cost labor, complicated styles, high cost of production
What are advantages of using freight containers?
Easy to stack, transported directly from ship to cars, hold a large amount of product
Where are most of your shoes and clothes made?
Asia
Who do companies use to advertise their business?
Athletes and Celebrities
What’s a benefit of Globalization?
Countries easily share and exchange ideas, technology, music, and art across vast distances
What’s a traditional economy?
An economic system in which decisions about production and consumption are based on custom and tradition
What is a command economy?
An economic system in which decisions about production and consumption are made by a powerful ruler or government
What’s a market economy?
An economic system in which economic decisions are left up to individual producers and consumers
What is capitalism?
The Free Market economic system
What is socialism?
a political and economic philosophy based on collective or government ownership, with the goal of achieving “social” and economic equality
What is communism?
a political and economic system in which all property and wealth is collectively owned by all members of society
What is a centripetal force?
A force that unites people and countries
What is a centrifugal force?
A force that divides people and countries
What are advantages of being in the EU?
Common currency, acceptance of other cultures, no passports needed for travel between EU countries
What is the official currency of the European Union?
Euro
How does the development of a European Citizenship unite Europe?
citizens of member nations can live and travel freely anywhere in the EU
How does the desire of European Union countries to keep their independence divide Europe?
some countries want to make their own decisions
What is a renewable force?
A force like light, water, air, wind, that can be replaced and renewed
What is a non-renewable force?
A force that can’t be reused
How is oil made?
remains of plants and animals sink to the bottom of the ocean floor heat and pressure turn the remains into oil. a layer of cap rock traps the oil inside the earth
What is a goal of OPEC
To keep oil prices steady
How has oil helped the people of South Asia?
better life expectancy and lower infant mortality rates oil companies have high per capita GDP money form oil has led to better quality of living
What are the top 3 oil producers?
Saudi Arabia, US, Russia
What country consumes the most oil?
The US
