Economies
The system of production, consumption, and trade of goods and services.
What is an economy?
The organisation of petroleum exporting countries.
What is O.P.E.C?
Scale, legend, compass, title
What are the elements of a map?
The HDI, used to measure countries based on education, health, and wealth.
What is Human Development Index?
Artists, farmers, dentists, electricians.
WHO produces goods and services?
The creation of products and services for consumption.
What is the production.?
30% of the world's petroleum reserves.
How much of the world's petroleum is produced by OPEC?
A person who has a job making maps.
What is a cartographer?
The population of an area divided by its size.
What is population density?
The audience for a product.
What is the target audience?
The total measure of all finished goods and services produced by a country or countries in a specific time period.
What is Gross Domestic Product (GDP)?
Two world wars, damaged factories, huge debts, and a reduced population.
Why was the European Union (EU) formed?
A map used to measure elevation
What is a topographical map?
The birth rate subtracted by the death rate.
What is the natural increase?
Who produces the goods and services?
What goods and services are produced?
How are goods and services produced?
For whom are the goods and services produced?
How are goods and services distributed?
What are the 5 economic questions?
A type of economy where businesses and consumers decide what they will produce or purchase.
What is the market economy?
The worlds largest trading bloc.
What is the European Union (EU)?
The specific physical features defining the location of a place.
What is site?
Why the population is growing so fast.
What is the population boom?
The measure of how much of the market price of a service/product is being profited off of.
What is a profit margin?
Having the ability to recognize business opportunities, take the risk of new businesses, and combine factors to make a business successful.
What does entrepreneurial mean?
Canada:70%
Mexico:64%
USA:47%
What is the public support for N.A.F.T.A?
"A map which shows one subject or theme, such as population or climate."
What is a thematic map?
History, environment, policy, technology, and migration.
What are the 5 factors affecting population?
A measure of all the goods and services produced and sold by businesses in a time period.
What is the output of an economic system?