Shared Flashcard Set

Details

unit 1 and 2 study guide
12
17
Social Studies
8th Grade
10/21/2015

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Cards

Term
which river makes up the eastern most border of Lousiana.
Definition
Pearl River
Term
List atleast 3 examples that contribute to costal erosion
Definition
Global warming, Salt water intrusion, human inference, severe storm, hurricanes, levees
Term
Describe the importance of silt and sediment deposits to the existence of costal marsh.
Definition
sediment keeps costal marshes from sinking faster, and slows the process of marsh disappearing in Gulf. Prevents costal erosion.
Term
What may happen to the need for oil field workers if the demand for oil drops and remains low.
Definition
decreases
Term
Which type of economic system is based on private ownership of property and the profit motive.
Definition
market system/capitalism
Term
What is the purpose of the Consumer Price Index
Definition
Used to measure inflation and deflation
Term
How would a natural disaster in Louisiana affect its supply of oil and seafood?
Definition
supply of both would decrease
Term
How does your money make money in a bank?
Definition
Interest
Term
What is a trade off
Definition
giving up one good or service for another
Term
What is opportunity cost
Definition
what you gave up
Term
What is the purpose of NAFTA
Definition
stops countries from establishing tariffs
Term
what forms the western most border of lousiana
Definition
sabine river
Term
prices increase when demand is high and what is low
Definition
supply
Term
a possible effect on lousiana was the what in production of oil in lousiana
Definition
increase
Term
what will increase if the demand for oil decreases
Definition
unemployment rate
Term
people who purchased imported cords pay what
Definition
more
Term
what is scarcity
Definition
the economic conecept that describe avalibility
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