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Chapter 1 Vocabulary

TermDefinition
Hemisphere a “half sphere,” used to refer to one-half of the globe when divided into North and South or East and West
Latitude imaginary lines that circle the Earth parallel to the Equator
Longitude imaginary lines that circle the Earth from the North Pole to the South Pole, measuring distance east or west of the Prime Meridian
Projections a way of showing the round Earth on a flat map
Physical Maps a map that shows land and water features
Political Maps a map that shows the names and borders of countries
Special Purpose Maps a map that shows themes or patterns such as climate, natural resources, or population
Scale a measuring line that shows the distances on a map
Cardinal Directions north, south, east, and west
Choropleth a special-purpose map that uses color to show population density
Migration the movement of people from one place to settle in another place
Culture the set of beliefs, behaviors, and traits shared by a group of people
Capital money and goods used to help people make or do things
Entrepreneurship the act of running a business and taking on the risks of that business
Supply the amount of a good or service that a producer wants to sell
Demand the amount of something that a consumer wants to buy
Scarcity the lack of a resource
Opportunity Cost what is given up, such as time or money, to make or buy something
Traditional Economy an economic system in which custom decides what people do, make, buy, and sell
Command Economy an economic system in which a central government decides what goods will be made and who will receive them
Recession a period of slow economic growth or decline
Inflation a continued rise in prices or the supply of money; a period of rapidly increasing prices
Exports a good that is sent from one country to another
Imports a good brought into a country from another country
Barter to trade by exchanging one good or service for another
Globalization the growth in free trade between countries
Representative Government government in which citizens elect officials who administer its policies
Federal System a government which divides power between central and state governments
Separation of Powers the division of power among the branches of government; a government structure that has three distinct branches: legislative, executive, and judicial
Checks and Balances a system in which each branch of government limits the power of another branch
Legislative Branch the part of government that passes laws
Executive Branch the part of government that enforces laws
Judicial Branch part of government that interprets laws
Created by: Dominic Collins
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