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Economics

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Rachel Erdman

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Cards in this guide (15)
What characteristics do developed nations share

Developed countries have high levels of living standards. The characteristics they share are: a high GDP or gross domestic product per capita, industrialization and a very high Human Development Index or HDI rating.

Why are modern farming techniques and a reduction of biodiversity a problem

* They make crops more vulnerable to disease in the long run. * Toxins in pesticides get into the world's soil and water supply. * Chemical fertilizers and pesticides create a race against nature that mankind is likely to lose.

In what ways can culture impact economics

Holidays like Thanksgiving or Labor Day

Love of a certain type of music

Parents teach children their work ethic

Preferences for housing

Which of the following characteristics define a state

A population of people A sovereign government that determines how a group of people is ruled A territory with set borders

How can a culture affect economics

A culture can affect economics in various ways. One way is how people take care of their health. Another is where people work and the types of jobs they have. Eating out or cooking their own food at home can affect economics. Another affect culture can have on economics is the cultural events and traditions such as weddings or coming of age type parties.

Power and legitimacy existing together in a state is defined as

authority

What is the name for the level of crop output from a given level of input

Productivity

What are some common costs to a country that has focused its economy on achieving a high gross domestic product

Some of the common spending costs that a country will have to focus on when building its economy includes infrastructure projects such as larger ports and dams. Dams provide more power to industries to carry out their activities.

A manufacturing plant that only makes expensive handbags is an example of

specialization

Biodiversity is defined as

how many different types of plant and animal life exist in a given habitat.

How should you accurately describes Chinese folk religion

Blends beliefs and practices from a diverse set of local religions

Which of the following statements is true about political maps are correct

political maps show nation states in dif colors

they will show capitals cities major cities and large lakes or rivers...

The yield of the land refers to which of the following

The amount of crop output from a given area of planted land ion…

Match the feature or term in column 1 to the characteristics in column 2. A.Pangaea Super ocean B.Panthalassa Supercontinent C.Himalayas Caused by continents colliding D.Magma Generated in subduct

bb

What are the following major elements of a high quality of life

A)access to effective education

(B) Ability to get quality health care

(D)Removal and appropriate treatment of waste

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