Term
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Definition
| Deal with how people earn a living and use resources and with the links among economic activities |
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Term
| primary economic activity |
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Definition
| Uses natural resources directly; Activity takes place at the site of the natural resource being used |
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Term
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Definition
| name 2 examples of primary economic activity |
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Term
| secondary economic activity |
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Definition
| Uses raw material to produce or manufacture something new; Activity takes place close the resource or close to the market for the finished product; Factors that affect location include labor costs, the availability of energy, and the cost of land |
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Term
| processing wheat into flour or manufacturing steel |
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Definition
| name 2 examples of secondary economic activity |
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Term
| tertiary economic activity |
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Definition
| Provide services to people and businesses; Activity takes place near the customers |
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Term
| bakeries, car dealerships, janitorial services |
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Definition
| name 3 examples of tertiary economic activity |
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Term
| quaternary econmic activity |
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Definition
| Processes and distributes information; Can take place anywhere |
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Term
a. Access to skilled workers
b. Good transportation and communications systems
c. Places with pleasant climates and a high quality of life |
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Definition
| what are the 3 factors that affect location of quaternary economic activity? |
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Term
| plant-genetics research and automotive engineering |
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Definition
| Name 2 examples of quaternary economic activity. |
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Term
a. Traditional, or Subsistence Economies
b. Market Economies
c. Command Economies |
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Definition
| What are three main kinds of economic systems? |
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Term
| Traditional or Subsistence economy |
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Definition
| People make goods for themselves or their families with little surplus. |
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Term
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Definition
| People freely choose what to buy and sell. |
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Term
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Definition
| The government establishes products, locations, and prices. |
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Term
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Definition
| refers to steady improvements in a country’s economy and in people’s quality of life. |
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Term
| gross national product(GNP) |
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Definition
| The total value of goods and services that a country produces in a year; Includes goods and services made by businesses owned by that country’s citizens, but made in foreign countries. |
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Term
| gross domestic product(GDP) |
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Definition
| Includes only goods and services created within the country; Per Capita Gross Domestic Product is found by dividing the GDP by the population; can be used to compare income levels in different countries. |
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Term
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Definition
| process by which manufacturing based on machine power becomes widespread in an area. |
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Term
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Definition
| percentage of people who can read and write-also reflects standard of living. |
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Term
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Definition
| systems of roads, ports, and other facilities needed by modern economies |
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Term
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Definition
provides surplus
food and allows
people to learn
new crafts and
skills. |
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Term
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Definition
| innovation in which hunter-gatherers learned how to grow plants and tame animals for their own use. |
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Term
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Definition
| growth in proportion of people living in towns and cities. |
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Term
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Definition
| geography of cities and includes the study of city locations, sizes, land use and urban problems |
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Term
a. Location near key resources
b. Location near important trade routes
c. Easily defended cities |
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Definition
| Factors that have influenced the site and growth of cities: |
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