Mr.v-geo

Question 1

What is relative location

Answer 1

RELATIVE LOCATION- describes a place with respect to its environment and its connection to other places.

Question 2

What is place

Answer 2

3.PLACE–PLACE GIVES A CLEAR DESCRIPTION OF THE HUMAN AND PHYSICAL CHARACTERISTICS.

Question 3

What is absolute location

Answer 3

1.ABSOLUTE LOCATION-ABSOLUTE LOCATION GIVES PIN POINT LOCATION TO HELP FIND A PLACE. IT CAN REFERENCE TO LONGITUDE AND LATITUDE.

Question 4

What is domestic

Answer 4

having to do with the internal affairs of a country

Question 5

What is an import

Answer 5

goods brought in from a foreign country for trade or sale

Question 6

What is an export

Answer 6

goods shipped out of one country for trade or sale

Question 7

What is scarcity

Answer 7

LIMITED RESOURCES, ($$ OR TIME) UNLIMITED WANTS

Question 8

Capital

Answer 8

Mam-made resources used to produce other goods and services; for example, machines,factories,tools.

Question 9

Entrepreneurship

Answer 9

The willingness to assume the risks of orginizing and coordinating resources to produce goods and services.

Question 10

Land

Answer 10

Gifts of nature

Question 11

Resources

Answer 11

Things of value used to produce goods and services.

Question 12

Labor

Answer 12

All human efort including the knowledge that is used to produce goods and services

Question 13

Tarrif

Answer 13

A TAX ON IMPORTS

Question 14

Subsidy

Answer 14

PAYMENTS MADE TO DOMESTIC BUSINESS TO HELP THEM COMPETE WITH FOREIGN BUSINESSES

Question 15

Tribunal

Answer 15

A court of justice, convened by the government to inquire into matters pertaininget to the law.