Pop. Density and Ec. and En. Growth Quiz Flashcards
List some examples of import participation in terms of national exports: (list 3-5)
Factory work, mining, lumber/forestry, Subsistence/commercial farming, commercial fishing.
What is GDP?
The total value of goods and services produced within a country for a year by considering import participation and all national exports.
What two things have the area gone through since the fall of the Soviet Union?
boom and bust cycles
What has the dependence on jobs such as commercial farming and factory work kept people from doing?
Financially prospering
Russia has dealt with a ___________ __________ until 1991.
Command economy
What is a command economy?
An economy system that is controlled by a single government.
What type of system did Russia end up transforming into?
A free market
What is a free market?
An open economy that is moderately controlled by the government.
List the three different types of businesses and how they are run:
-Proprietorship: 1 person, 1 place -Partnership: 2 people, 1 place or more -Corporation: Multiple owners, multiple places
During post Soviet Union (1991), Russians attempted to shift to a 1.________________. During this, Russians attempted to open 2.______________________ with mixed results.
- Free market 2. Private businesses
During post Soviet Union (1991), what led to inflating prices? Additinonally, what happened to the Ruble during this period of time?
Secure government jobs and set prices were let go. The ruble experienced inconsistent periods of stable value during the 1990s.
What are Central Asia’s GDP’s different to?
Russia’s GDP
Why have GDP’s remained low on a global scale? What has this additionally led to?
Due to the limitations that the physical landscape, climate, and ecosystem bring. This has directly affected population densities and economic growth.
Before 1917, what did nomadic herding allow for?
Spontaneous development but not enough for any substantial economic growth.
By 1917 (USSR), people began to settle as the 1.____________ demanded participation in 2.____________________.
- Communists 2. government, or collective farms
Crops grown by 1917: (list 3)
Wheat, dry land produce (carrots, asparagus, corn), & cotton.
What is the main issue with cotton?
The grounds nutrients gets used up, and the ground gets exhausted. Land is now not worth much to sell for new land.
In what time period did the Soviet Union attempt to indutrialize?
The 1960s-1980s.