economy
what is the meaning of an economic system
way of organising the production & distribution of goods and services
2 ways to increase the amount of money you save
Earn More and Spend Less
what are the two types of biomes
terrestrial and aquatic biomes
what three things do you need to have a secure food supply
food availabilty, food accesibility and knowledge to use food appropriately
why is global trade important
improves the lives of millions of people and bring cultures closer together
what are the three types of resources
natural, labour and capital
what are some types of scams
covid 19 scams, buying or selling, dating and romance, unexpected winnings
give me one factor of a desert biome
second driest continent in the world
what are three developed countries
north america, australia, western europe
what is interconnection between places
the relationship between all things both animals and inanimate
which country resembles a planned economy
North Korea
what are some investment options
interest-earning investments, property, equities and superannuation
what are the four impacts on food production
changing vegetation, changing water, changes to soil and desertification
what are the five threats to food security
water scarcity, competition for land, climate change, population growth and land degradation
what are the four connections to a place
spirtual, economics, cultural and historical
what are the advantages of trade
improvement in transportation, freedom of trade, improvement of communication and labour availability & skills
how to avoid being scammed
be suspicous, be cautious, be paitent, be alert , be wise
what are the two main kinds of grasslands
tropical and temperate
causes of deforesation
high demand and economic growth
what is the digital divide
a type of inequality between groups in their access to and knowledge of ict
how is Australia and the global economy linked?
trade with other nations, foreign investment, an International market for labour, technology and migration
what are the consumer's rights
if you buy something that isnt right you can ask for repair, replacement or refund
Explain a Tundra Biome
cold and frozen landscape amd have very short growing system, the wildlife is adapted to the extreme conditions
what is the meaning of land degredation
the process that reduces the quality and productivity of land. this can happen because of natural causes or human activities
what are the fives stages
extracting raw materials, manufacturing, distribution, consumption and waste