What map/graph that we studied is shaped like a triangle when it is healthy.
A Population Pyramid
A lack of food is called:
Food Scarcity
What is the difference between a good and service?
Good - tangible, something you can hold (ex. Apple, cellphone)
Service - intangible, someone's skills (ex. Dentist, Doctor)
What is identity theft? (Bonus- How can you protect yourself from it?)
Someone steals your personal information to make purchases
Check bank statements frequently + report to bank ASAP
Your identity has 2 parts. What are they?
Your statuses and your roles
Rainforest
Having enough food is called:
Food security
The basic economic problem is:
Scarcity
What is a pyramid scheme?
When you are convinced to sell a good and recruit more people to sell in order to make a profit
What are the three principles of justice?
Fairness, Equality, and Access
What type of map shows land elevation?
Topographic map
Farming that utilizes machinery and robots is often called:
Hi-tech farming
What is an import? (Bonus- why would a country import goods?)
Import = bring into the country
Why = Cheaper goods, Better quality, Formalize relationship with other nations
Why is diversification important when buying stocks?
Minimize risk
What is one way a citizen can show dissatisfaction in the government?
Email/call representative, petition, boycott, protest
What is the biosphere divided into?
6 Biomes
Name 2 of the 5 threats to food security.
Water Scarcity, Climate Change, Invasive Species, Land Competition , Armed Conflict
What is Demand Risk?
The demand for a good suddenly spikes, surprising retailors/producers and causing a shortage
The volatility of a stock is measured by its what?
Beta
Define either "layered cake" or "marble cake" federalism.
Layer = National, regional, local govt does not interact (ex. declaring war, trash collection)
Marble = National, regional, and local govts work together (ex. education, judicial system)
What is it called when deserts expand outward due to the soil quality degrading?
desertification
Globalized food production is possible because of advancements in what 2 fields?
Refrigeration and transportation
What does MNC stands for?
Multinational corporations
What is a positive and negative to putting money in a savings account instead of investing in the stock market?
Low risk, low reward
How are IGOs limited in their responses?
Lack the power to enforce decisions.