Show:
Vocabulary
Maps
Latitude/Longitude
Economies/Trade
Economics
100
What is given up, such as time or money, to make or buy something
What is opportunity cost
100
A line at 0* latitude. Separates the Earth into northern and southern hemispheres
What is equator
100
An economic system in which custom decides what people do, make, buy, and sell
What is traditional economy
100
A good sent from one country to another in trade
What is export
200
The lack of a resource
What is scarcity
200
A map that shows the names and borders of countries
What is a political map
200
A line at 0* longitude. Separates the Earth into Eastern and Western hemispheres
What is the Prime Meridian
200
An economic system in which central government decides what goods will be made and who will receive them
What is command economy
200
A good brought into a country from another country
What is an import
300
The amount of a good or service
What is supply
300
A way of showing the round earth on a flat map
What is projection
300
Appears at 23.5*N of the Equator
What is Tropic of Cancer
300
An economic system in which each individual makes choices about what to make, sell, and buy
What is market economy
300
To trade by exchanging one good or service for another
What is barter
400
The amount of something that a consumer wants to buy
What is demand
400
A map that uses colors to show population density
What is choropleth
400
The geographic line dividing between the Southern Temperate zone and the tropics to the north. Appears at 23.5*S
What is Tropic of Capricorn
400
An economic system in which the government has some control over what and how much is made
What is mixed economy
400
A period of slow economic growth or decline
What is recession
500
A map that shows themes or patterns such as climate, natural resources, or population
What is special-purpose maps
500
A map used in cartography to show the location of a particular geographic area within its larger and presumably more familiar context
What is a locator map
500
Appears at 66.6*N. This area is known as the Northern Temperate Zone
What is the Arctic Circle
500
The growth in free trade between countries
What is globalization
500
A continued rise in prices or the supply of money
What is inflation