General Terms
The Condition of the air and sky at a certain time and place.
Weather
Economics
The study of how people meet their wants and needs.
A group of people who have the power to make and enforce laws for a country or area.
Government
The Exchange of goods and services
Trade
A useful material found in the environment.
Natural Resource
The loss of forest cover in a region
Deforestation
The ability and willingness to produce a good or service.
Supply
Democracy
Form of Government in which citizens hold political power
Quota
A set limit on the number of units of a good that can enter a country.
Double Bonus 600 points: Government Question: A central government makes all laws for the entire country.
Unitary System
Is the average weather of a place over many years.
Climate
Economy where individual consumers and producers make economic decisions. Based on the principles of freedom, competition, and profit.
Market Economy
Power is divided among central, regional, and local governments
Federal System:
Tariff
A tax on imports or exports.
Non-Renewable Resource:
A resource that cannot be replaced, or can only be replaced over millions of years.
Society
A group of people with a shared culture who have organized themselves to meet their basic needs.
Gross Domestic Product(GDP)
The total value of all goods and services produced in a country in a year.
Constitution:
A set of basic rules and principles for organizing and running a government
A government policy or restriction that limits international trade.
Trade Barrier
A resource that natural forces or people can replace in a relatively short time.
Renewable Resource
The beliefs, customs, practices, and behaviors of a particular nation or group of people.
Culture
Economy in which the central government makes all economic decisions.
Command Economy
A form of Government in which all power is held by a single person or a small group.
Authoritarian Government
Embargo:
A total ban on all trade with a country.
Fossil Fuels
Energy sources formed over millions of years from the remains of plants and animals. Examples: Petroleum, Coal, Natural Gas.