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Geography > Resources And Aids > Flashcards

Resources And Aids Flashcards

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1
Q

List 2 primary economic activities

A

Agriculture and mining

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2
Q

Name 1 secondary economic activity

A

Manufacturing

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3
Q

List 2 tertiary economic activities

A

Goods and services

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4
Q

Brandt line:

A

Imaginary line dividing counties into the rich north and poor south

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5
Q

List 5 characteristics of MEDC’S

A

Highly industrialized
High standard of living
Donate aid to ledcs
Manufacturing and exportation of goods.
Import raw materials

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6
Q

List 5 characteristics of LEDC’s

A

Poorly industrialized
Low standard of living
Receive aid from MEDC’s
Export raw materials
Import goods

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7
Q

What is trade

A

Exchange of goods and services

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8
Q

What do we call the primary products traded between counties

A

Commodities

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9
Q

List the 3 main type of commodities

A

Metals
Energy
Agricultural products

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10
Q

What is free trade

A

Trade occuring without interference or restrictions by government

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11
Q

What is fair trade

A

When producers in developing countries are payed a fair price for their work ensuring better working conditions and supporting infrastructure

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12
Q

Trade barriers

A

Barrie’s/restrictions made by government to make imported goods less valuable than exported goods

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13
Q

List the 4 main trade barriers

A

Taxes/tariffs
Subsidies
Quotas
Embargo

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14
Q

What are taxes/tariffs

A

Taxes on imported goods making them more expensive than local goods forcing us to but local

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15
Q

What are subsidies

A

Financial assistance from government to local businesses

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16
Q

What are quotas

A

Limits set by government to the amount of goods imported

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17
Q

What is an embargo

A

Government order restricting trade if specific goods

18
Q

What is an embargo

A

Government order restricting trade if specific goods

19
Q

What is globalisation

A

Increasing connectedness bad interdependency between economies and countries

20
Q

What’s the main advantage of globalization

A

Allows free and quick movement of people, knowledge, goods and services

21
Q

What is a positive impact of globalization on development

A

Creates jobs

22
Q

What is a negative impact of globalization on development

A

A downturn in a large economy causes a global downturn and financial crisis

23
Q

What is the balance of trade

A

Relationship between value of a country’s exports and imports

24
Q

Terms of trade

A

Describes relationship between the prices a country sells it’s exports for and the prices it buys imports for

25
Q

What are 3 advantages of globalization

A

Tolerance for cultural differences
Reduced poverty
Aids

26
Q

List 3 disadvantages of globalization

A

Demand for raw materials
Increased urbanisation
Demand for energy

27
Q

List 4 types of aid

A

Financial aid
Conditional aid
Technical aid
Humanitarian aid

28
Q

What is financial aid

A

Money transferred from MEDC’S to LEDC’S

29
Q

What is technical aid

A

Technical assistance from MEDC’S to LEDC’S

30
Q

What is conditional aid

A

Foreign aid from donor country that must be spent in a certain way

31
Q

Humanitarian aid

A

Aid for humanitarian crises such as natural disasters

32
Q

What is the disadvantage of aid

A

LEDC’s manipulate indicators to receive aids

33
Q

What are resources

A

Materials produced by nature that are useful or necessary for life

34
Q

What are conventional energy sources

A

Common non renewable energy sources

35
Q

List 3 conventional energy sources

A

Thermal energy
Hydro energy
Nuclear energy

36
Q

What is thermal energy

A

Coal, oil… releases harmful gases to atmosphere
Mined then fed to furnace to heat water to generate steam

37
Q

Nuclear energy

A

Uses uranium

38
Q

Non conventional energy sources

A

Harmless and renewable

39
Q

One type of non conventional energy source

A

Hydro energy

40
Q

Biomass energy

A

Energy released when plant and animal matter decomposes by heat and methane

41
Q

Biomass energy

A

Energy produced by burning vegetation and organic material

42
Q

Fossil fuels

A

Fuels formed over millions of years

Geography (5 decks)

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