Economies
What is an economy?
How people spend and make money.
What is the difference between weather and climate?
Weather is what you get, climate is what you expect.
What is a natural resource (provide an example)?
A natural resource is any resource that comes from the environment (examples: oil, coal, minerals)
What natural resource do humans tend to settle close to?
Water
What is geography?
The study of the earth and the people who live there.
What is a traditional economy?
An economy that relies on direct trade and traditional customs
What is deforestation?
The cutting down of forests
What is an example of an unlimited natural resource?
Wind
Why have humans historically settled along coastlines?
Because of access to trade and transportation
What is the function of the map key?
The map key shows us what the symbols, colors, and shapes mean on a map.
What is a command economy?
An economic system in which the government tightly controls everything. No freedom for businesses.
What are some of the effects of climate change we see happening in the world today?
Increased natural disasters, rising sea levels, change in temperatures
What is an example of a limited natural resource?
Coal, oil
Define rural and urban.
Urban: Cities and suburbs
Rural: Country
What physical feature(s) do we see hurricanes occur the most in?
Oceans and coasts
What is a market economy?
An economy in which the government has little to no control or regulation of the economy. More freedom for businesses!!
What is the climate like at lower latitudes (closer to the equator?)
Consistently warm temperatures in both summer and winter
Why might factories choose to locate themselves closer to natural resources?
To reduce transport costs for the shipment of goods.
What natural resources can we get energy from?
Water and wind
Define absolute location and relative location.
Absolute location: Your exact location on the earth.
Relative location: Your location in relation to something else.
What type of government leadership would you see in a command economy?
A dictatorship
How does climate impact how people live?
People in climates more prone to storms might have to build houses that can survive storms/weather.
Why might nations create trade agreements (alliances?)
To lower the cost of trade and increase the exchange of goods.
Why might the United States import bananas from Costa Rica?
Because bananas do not grow naturally in the U.S., so it is cheaper to import them.
What is rain-shadow effect?
A dry patch of land that forms on the side of a mountain away from the wind, because tall mountains block rain-heavy clouds.