Compass Rose
Economies
Culture and Government
ESPeN
100

what are cardinal directions?

north, south, east, west

100
what is a traditional economy

typically based on bartending, trading, and farming. The economy is largely determined by how things were done in the past. People tend todo the same jobs as their parents. 

100

Define Culture 

a way of life of as group of people 

100

What does the E stand for 

Economic factors 

200

What are intermediate directions?

NE, SE, NW, SW

200

what is a market economy

 

200

Define limited government 

some control is placed on the leaders power/ control

200

What does the S stand for 

Social Factors 

300

What is the main line of longitude?

the Prime Meridian

300

what is a command economy

the government closely controls the economy. They determine what is produced, the prices, and who gets the profits. Communism has a command economy. 

300

Define cultural diffusion 

the spread of cultural beliefs and social activities from one group to another. EX: McDonald’s in Japan

300

What does P stand for 

Political Factors 

400

What is the main line of latitude?

the Equator

400

What is a market economy/ free enterprise/ capitalism

individuals determine what to produce for themselves who will want it, and how much to charge. ( demand, supply, and price)

400

Define unlimited government 

leaders rule without restrictions 

400

What does the eN 

environmental factors 

500

Define hemisphere

Half of the earth

500

Mixed economy

a combination of economies. Mixed economies vary in how much control and regulations the government has. 

500

Define cultural borrowing 

taking ideas and practices from another culture, ethnic group, or religion. EX: Cinco De Mayo celebrated in the US