Economies
What is an economy?
How people spend and make money.
What is the difference between weather and climate?
Climate is what you expect, weather is what you get.
What is a natural resource? Provide an example.
Coal, oil, water, minerals, lumber.
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 based on traditional methods of trade and generational customs.
What is deforestation?
The cutting down of forests.
What is an example of an unlimited natural resource?
Wind, sunlight
Why have humans historically settled along coastlines?
Access to water, trade, and transportation.
What is the function of the map key?
It tells us what the symbols, shapes, textures, and colors on the map mean.
What is a command economy?
An economy in which the government tightly controls and regulates everything. There is little-to-no freedom for businesses.
What are some of the effects of climate change we see happening in the world today?
Warmer global temperatures, more severe weather, rising sea levels.
What is an example of a limited natural resource?
Coal, oil, water
Define rural and urban.
Rural: Country
Urban: Cities and suburbs
What physical feature(s) do we see hurricanes occur the most in?
Oceans and coastlines
What is a market economy?
An economy in which the government has little-to-no control over businesses. Businesses have more freedom.
What is the climate like at lower latitudes (closer to the equator)?
Why might factories choose to locate themselves closer to natural resources?
To lower the costs of transportation for goods and products.
What natural resources can we get energy from?
Water (hydropower), wind, the sun (solar power)
Define relative and absolute location:
Absolute location: the exact location of where you are on the earth.
Relative location: where you are in relation to something else.
What type of government leadership would you expect to see in a command economy?
How does climate impact how people live?
People base their homes, lifestyles, and activities on the climate in which they live.
Why might nations create trade agreements (alliances)?
To encourage trade between the countries within the agreement, and to potentially save money.
Why might the United States import bananas from Costa Rica?
It is expensive and difficult to grow bananas in the U.S., so it's cheaper to import them from another country.
What is rain-shadow effect?
When a tall mountain range blocks rainy weather, creating a dry and desert-like area on the side facing away from the wind