Geography Vocab 1
First set of vocab words.
Terms
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- Life Expectancy
- The expected (in the statistical sense) number of years someone is going to live, on average.
- GDP (Gross Domestic Product)
- The best indicator of economic health because it represents the total market value of all goods and services produced during a given year.
- Literacy Rate
- The ability of people within a given society to read and write. Taken as an average.
- Push Factor
- Religious or racial persecution forces people to leave.
- Pull Factor
- Political freedom and economic opportunity attracts people to migrate to.
- Infant Mortality
- The number of deaths of children under age 1 per 1,000 live births in a year.
- Capitalism
- An economic system that features private ownership of the means of production (such as factories, offices, and shipping enterprises) and in which market forces determine the way in which goods are produced and the means by which income and profit are distributed.
- Inflation
- In the 1970s the prices of most things Americans buy more than doubled. Such a general increase in prices is called.
- Tariff
- A tax placed on products because they go( export ed and imported) from one nation to another is called
- Supply
- Represents how much the market can offer or is willing to produce.
- Demand
- Refers to how much (quantity) of a product or service is desired by buyers
- Depression
- A sustained, long-term downturn in economic activity in one or more economies. It is a more severe downturn than a recession.
- Deforestation
- The clearing or thinning of trees, the cause of which is normally implied to be human activity.
- Desertification
- The spread or encroachment of a desert environment into a nondesert region is a process known as
- Erosion
- The topsoil that covers much of the Earth's surface is only a few inches thick. If it is not protected in some way, it can be carried away by wind or washed away by water in a process called