Resources, Tecnology, and world Trade Flashcards
(13 cards)
1
Q
Materials from the Earth that people use to meet their needs.
A
Natural Resource
2
Q
natural resouces are natural resources that cannot be used up or that can be replaced
A
Renewable Resource
3
Q
Limited in supply
A
Non renewable Resource
4
Q
Is the method used to answer three key questions
A
Economic System
5
Q
mix of agriculture
A
Developed country
6
Q
little industry
A
Developing country
7
Q
Countries are becoming more industrial
A
Newly industrialized country
8
Q
sell to other countries
A
Export
9
Q
buy from other countries
A
Import
10
Q
taxes
A
Tariff
11
Q
limited to how many items of a particular group
A
quota
12
Q
The removal of trade limits
A
free trade
13
Q
Countries rely on each other
A
interdependence
