Economic Geography
How does limited natural resources relate to prices?
The more scarce the resource, the higher the price.
What is the world's largest state?
Russia
Most populated country in the world?
India:1 bil+
2nd largest country in the world by total area? Behind Russia.
Canada
What are durable goods?
Goods that are intended for use of more than a year.
Mountains, rivers and lakes are all examples of _____________ borders
physical
2nd most populated country in Europe? Behind Russia.
Turkey: 85 million+
3rd largest state in the United States? Behind Alaska and Texas
Californa: 155,000 mi squared
What are some examples of tertiary productions?
Transportation, wholesaling, and retailing of finished goods to consumers.
What is the world's smallest State?
Monaco or Vatican City
Most populated country in Africa?
Nigeria: 223 mil+
The largest country in Europe? Behind Russia.
Ukraine: 233,000 sq mi
Why are countries like the US and Canada based their economies on services instead of manufacturing?
Cheaper off-shore locations overseas to build factories. And services are the most valuable investments out there, so investors in new businesses are looking to maximize their returns on investments.
A state with a long, narrow shape, poor communication, and some areas are very far away from Capital? Name an example.
Elongated State: Chile, Italy, Norway
4th most populated country in the world? Behind India, China, and the United States.
Indonesia: 277 mil+
The largest country in Africa?
Algeria: 2 mil+ sq km
What are some characteristics of first-world countries? Name five.
Industrialized and service-based economies that have free markets, a high level of productivity value per person, high quality of life.
US, Canada, Norway, Japan, South Korea, Switzerland, Iceland, Australia, Israel, Taiwan.
The basic support systems needed to keep an economy going, including power, communications, transportation, water, and sanitation is?
Infrastructure
5th most populated state in the United States? Behind Californa, Texas, Florida, New York.
Pennsylvania: 12 mil+
2nd smallest state in the United States? Before Rhode Island.
Deleware: 1,948 sq mi