Definitions
What is GDP?
The value of goods and services of a country's economy.
What are two positive impacts of globalization?
culture and trade.
What is the difference between free market and command economy?
For the free market economy the price of something that depends on the buyer and seller. In the command economy the government decides the price of things.
What are demographics?
Population broken up into groups.
What is a Nation State?
A country with set borders, single government, and national identity.
What are two negative impacts of globalization?
Disease and unemployment.
what is the difference between physical, and thematic maps?
Physical maps show physical features of the place that is on the map. A thematic map uses pictures or colors to show the population size of the place on the map for example.
What is the economy?
It is a system of producing, selling, and buying goods.
What is the Gini Coefficient/Index?
The measure of the country's inequality.
What does import graph show?
Things they are bringing in from other countries.
In democracy the people get to elect their leader and have some power. In dictatorship they are not elected, and have almost all power.
What is theocracy?
It is religious rule.
What is Totalitarianism?
One person or party has complete control of the government.
What does demographic data show.
Life expectancy, location, languages, birth rate, and more.
What is the difference between monarchy and theocracy?
A monarchy is when a king or queen. A theocracy is religious rule.
What is dictatorship?
One lead, not elected, and has almost all power.
What is Globalization?
The way culture, disease, politics, and trade is spread.
What does a top heavy population pyramid mean?
There are more older people that younger people.
What is GDP vs GDP per capita?
GDP is the value of goods and services of a country's economy.
GDP per capita is the average of how much money everyone makes in their country.
What is GDP per Capita?
The average of how much money everyone makes in their country.