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Remediation Unit 0
Geography, Government, and Economics Review
| Term | Definition |
|---|---|
| Equator | The line of latitude that circles the Earth at its widest point (measures 0 degree) |
| Prime Meridian | Separates the Eastern and Western Hemispheres; a longitude line (measures 0 degree) |
| Confederation | A system of government where the regional authorities have MORE power than the central authority. |
| Export | an item sent to another country to sell. |
| Theocracy | a government based upon religion |
| Absolute Monarchy | a government ruled by a king or queen with complete power |
| Tariff | a tax of an imported good |
| Supply and Demand | the price of a good rises or falls depending on how many people want it or amount available |
| 4 Major Oceans | Pacific Ocean, Artic Ocean, Atlantic Ocean, Indian Ocean |
| Anarchy | No government |
| Compass Rose | gives directions on a map |
| Mixed Economy | Price and wages are determined by supply and demand and the government |
| Cardinal Directions | North, South, East, and West |
| Intermediate Directions | Northeast, Southeast, Southwest, Northwest |
| Political Map | has boundaries such as states and countries |
| Physical Map | shows natural landforms such as mountains, rivers, lakes, and oceans |
| Human Resources | a person who does a job to help produce a good or service, for example a teacher |
| Capital goods | machines, equipment, and tools |
| Natural resources | any resource that comes from the earth to help produce a good or service, for example wood, air, water, oil |
| Budget | a financial plan that allows a person to manage money |
| Credit | a way of borrowing money to buy something now and pay for it later |
| Command Economy | the government owns and operates all parts of the economy |
| Oligarchy | a few people rule the government; citizens have no say |
| Embargo | a ban on all trade |
| Import | a good made in another country and brought into your country |
| Absolute location | Latitude and longitude are used to find __________________________. |
| Federal | a central authority and regional authority have the SAME power |
| Unitary | A central authority has MORE power than the regional authorities |
| Presidential Democracy | Citizens have HIGH participation; citizens can vote for both the president and the legislative members |
| Parliamentary Democracy | Citizens have HIGH participation; citizens only vote for the legislative members and then they choose the prime minister |