Term
|
Definition
| the suoreme, absolute, and uncontrollable power by which an independent state is governed and from which all specific political powers are derived. |
|
|
Term
|
Definition
| a branch of political science concerned with relations between nations and primarily with foreign policies |
|
|
Term
|
Definition
| an equilibrium of power sufficient to discourage or prevent one nation or party from imposing its will on or interfering with the interests of another |
|
|
Term
|
Definition
| an international organization of countries set up in 1945, in succession to the league of nations, to promote international peace, security, and copperation. |
|
|
Term
|
Definition
| an economic and political association of european countries as a unit with internal free trade and common external tariffs |
|
|
Term
|
Definition
a process of intelligence, design, and choice activities that result in the selection of a particular course of action
|
|
|
Term
|
Definition
| the couse of action taken by the state with regard to a particular issue |
|
|
Term
|
Definition
| the spatail property of the position from which somthing is observed |
|
|
Term
|
Definition
| the ideas, customs, and social behavior of a particular nation, people or other social group |
|
|
Term
|
Definition
| love of country and willingness to sacrifice for it |
|
|
Term
|
Definition
| the belief that people should be loyal to thier nation |
|
|
Term
|
Definition
| the branch of social science that deals with the production and distribution and consumption of goods and services and thier management |
|
|
Term
|
Definition
| an expert in economics who understands system of production and distribution and consumption |
|
|
Term
|
Definition
| the way people and exchange goods |
|
|
Term
|
Definition
| the fact that humanity does not possess the resources to fulfill everybody's wishes, desires and needs all at once and all of the time |
|
|
Term
|
Definition
| an economy based on agriculture, with others in society working in simple crafts, such as the manufacturing of cloth pottery |
|
|
Term
|
Definition
| – The process by which a company hires other companies to perform some of its work. |
|
|
Term
|
Definition
| – People are an ingredient in producing a good or service. Where people are located also affects the location of economic activities |
|
|
Term
|
Definition
| – Goods made that are used to make other goods and services, rather than being consumed |
|
|
Term
|
Definition
| – The foundation upon which business operate and is critical for economic growth. It’s a type of capital resource that is the investment that a society makes by building roads, railroads, electric power plants telephone and internet lines. Infrastructure also includes the investment a society makes in providing a system of law-and-order, money and banking, hospitals and healthcare, and other essential services. |
|
|
Term
|
Definition
| – The acts of people who bring together and organize all the other productive resources. Usually are business owners or managers |
|
|
Term
|
Definition
| – Natural resources, human resources, and capital resources that are used by entrepreneurs |
|
|
Term
|
Definition
| – Different areas seem to specialize in specific economic activities, which leads to trade |
|
|
Term
|
Definition
| – Due to uneven distribution of both natural and human resources, each region tends to make certain types of goods, based on the productive resources it has available. Each region will produce those goods and services it cam make at the lowest cost |
|
|
Term
|
Definition
| – Goods and services sold from one country to other countries. |
|
|
Term
|
Definition
| – Goods from foreign countries brought into a country for use or sale. |
|
|
Term
|
Definition
| – Taxes added to imported goods to protect a country’s existing industries. |
|
|
Term
|
Definition
| – No tariffs or quotas between member countries to restrict trade. |
|
|
Term
|
Definition
| – Or income per person is a measure of average income within a country. It is calculated by taking all sources of income (such as GDP or National Income) and dividing it by the total population. This can be used to compare countries’ economic development. |
|
|
Term
|
Definition
– The average age that a person in a given country can expect to live to. Usually ties back to the economic development status of a country.
|
|
|
