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Objective 3
World History
17
History
10th Grade
02/18/2009

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Term

Gross Domestic Product  

Definition
is one of the
measures of national income and output
for a given
country's
economy
. GDP is defined as the total
market value
of all
final
goods and services produced within the country in a given period of time
Term
Market Economy
Definition
An economy that operates by voluntary exchange in a free market and is not planned or controlled by a central authority; a capitalistic economy.
Term
Mixed Economy
Definition
An economic system that allows for the simultaneous operation of publicly and privately owned enterprises
Term

Command Economy

Definition
An economy that is planned and controlled by a central administration, as in the former Soviet Union.
Term

labor force occupations ; agricultural industrial services

Definition
Term
infant mortality rate
Definition

the death rate during the first year of life

Term
life expectancy
Definition
The number of years that an individual is expected to live as determined by statistics.
Term
leteracy rate
Definition
Literacy rate is the percentage of a population that can read and write
Term
substitence agriculture
Definition

enough food to feed the family working it. Subsistence agriculture usually refers to a farm that is enough to feed the family but will not be enough for the family to trade at a market

 

Term

marked oriented agriculture

Definition
Agriculture in a market economy responds to the forces of the market and involves off-farm sales of goods. Farmers in a market economy (free enterprise system) produce crops and other foodstuffs based on what the market demands
Term
cottage industries
Definition
small-scale industry that can be carried on at home by family members using their own equipment
Term
comericial industries
Definition
The sector of an economy made up of manufacturing enterprises: government regulation of industry
Term
migration
Definition
  1. The act or an instance of migrating.
  2. A group migrating together
Term
push factors
Definition
push factor involves a force which acts to drive people away from a place
Term
pull factor
Definition
pull factor of the that amazing city was what made me decide to move.
Term
culture diffusion
Definition
the transmission of social institutions, skills, and myths from one culture to another
Term
natural barriers
Definition
Any feature or condition that restricts movement of organisms or prevents establishment of organisms which have migrated there
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