Economic Geography Flashcard

Front

What type of economy is based on traditions, customs, and bartering?

Back

Traditional Economy

Front

In which sector would logging trees fall under? Options: Secondary, Tertiary, Primary, Quaternary

Back

Primary

Front

What term describes the total value of goods and services produced in one year within a country?

Back

GDP

Front

What sector involves services like healthcare and retail?

Back

Tertiary

Front

In a command economy, decisions about what to produce are made by:

Back

The government

Front

What best describes a developing country? Options: High GDP and literacy, Advanced technology and infrastructure, Lower literacy and weaker infrastructure, Dominant in global trade

Back

Lower literacy and weaker infrastructure

Front

A software engineer working in artificial intelligence is part of which sector? Options: Tertiary, Secondary, Quaternary, Primary

Back

Quaternary

Front

When a country sells goods to another country, it is:

Back

Exporting

Front

Which of these is an example of human capital? A university degree, Natural gas, A highway, A river port

Back

A university degree

Front

Which system gives the most economic freedom to individuals? Options: Market, Mixed, Command, Traditional

Back

Market