BAV Terms
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| Constitutional democracy | a form of government in which the sovereign power of the people is spelled out in a governing constitution.
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| Dictatorship | Government in which the rulers are all powerful, rule by force and limit individual's freedom
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| Communism | System in which the government controls the way of producing goods
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| Developed County | A country that has a mix of agriculture and a great deal of manufacturing and service industry (USA, Japan, Australia)
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| Developing Country | A country that has little industry and is mostly agricultural (Ethiopia, Afghanistan)
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| Gross Domestic Product (GDP) | Total value in dollars of all the final goods and services produced in a country during a single year
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| Investment | Money committed in order to gain a profit
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| Productivity | Using your resources effectively to produce
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| Inflation | Increase in prices over a period of time
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| Profit | money a business earns after all expenses have been met
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| Profit Motive | The driving force that encourages the increase in wealth
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| Latitude | Distance north or south of the equator
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| Longitude | Distance east or west of the Prime Meridian
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| Prime Meridian | 0 degrees longitude
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| Climate | Pattern of weather that takes place in an area over many years
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| Topography | Elevation of different features in a landscape
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| Population Density | Average number of people in an area (# of people divided by the size of an area)
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| Renewable Resource | Natural resource that can be replaced naturally (trees)
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| Nonrenewable Resource | Natural resource that cannot be replaced (coal)
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| Exports | To sell resources or goods to another country
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| Tariffs | Taxes on imported goods
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| Human Environmental Interaction (HEI) | Explains how the environment affects people and how people change their environment
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| Ecosystems | Place shared by plants and animals that depend on one another for survival
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| Globalization | Individual economies rely on each other for resources and markets
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| Imports | To buy resources or goods from another country
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