Government
A form of government in which citizens rule directly and NOT through representatives
Direct Democracy
A sense of pride in one's country
This concept refers to limitations—insufficient resources, goods, or abilities to achieve the desired wants/needs of humans. Think shortage
Scarcity
What are the 4 levels of economic activity?
Primary
Secondary
Tertiary
Quaternary
A system of government in which citizens elect representatives, or leaders, to make decisions about the laws for all the people.
Representative Democracy
A strong feeling of pride in and devotion to one's country no matter what it does
Nationalism
Agriculture designed primarily to provide food for direct consumption by the farmer and the farmer's family
Substinence Agriculture
the objects (products) and the actions (services) that people value and produce to satisfy human wants
Goods and Services
The gathering, creating, and processing using information and capital. Ex: research centers, experiments, lab work
Quaternary Economic Activities
A form of government with a King or Queen at the head. Power passed down through family
Monarchy
What is it called when the government authority is based on the rule of the people?
A Democracy
An industry that is run to make a profit. Using technology to mass produce
Commercial Industry
Materials or substances such as air, forests/trees, water, animals and land that occur in nature naturally
Natural Resources
At this level we see the transformation of raw materials into a finished product/manufactured goods. Example: Raw wool to clothes, steel to cars, wood to furniture
Secondary Economic Activity
A system of government in which the government recognizes no formal limits on its power and seeks to absorb or eliminate other social institutions that might challenge it. Opposers are killed or imprisoned
Totalitarian Government
A government controlled by one person or a small group of people. This individual or individuals have all the power
Dictatorship
Weaving, sewing, carving, and other small-scale industries. The laborers, frequently women, are usually independent.
Cottage Industries
The broad category of human efforts, both physical and mental, used to produce goods and services. Think people with a specific skill set to perform their task/job
Human Resources
At this level there is the production and extraction of raw materials. Examples include farming, fishing, mining, hunting etc
Primary Economic Activity
A form of government in which the people select representatives to govern them and the executives to enforce the laws.
A Republic
A government controlled by religious leaders. God's word and religion are seen as the governing power
Theocracy
Term used to describe large-scale farming and ranching operations that employ vast land bases, large, mechanized equipment, factory-type labor forces, and the latest technology.
Commercial Agriculture
The tools, equipment, and buildings that are used to produce goods and services
Capital Resources
The service sector. No goods being sold but rather a service being provided. Think chefs, lawyers, doctors, barbers, nail techs, etc.
Tertiary Economic Activities