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Worldly Words S.S.
| Question | Answer |
|---|---|
| Lattitude | Parallel lines that circle the globe on tan east/west directions, and start at the Equator. |
| Longitude | An imaginary linethat circles the globe in a north/south direction and passes through both poles, and start at the Prime Meridian. |
| Equator | An imgainary line that divides the Earth into northern and souther hemispheres. |
| Prime Meridian | An imgainary line that divides the globe into eastern and western hemispheres. It is the north/ south line on the map that passes through the Royal Astronomical Observitory in Greenwich, England. |
| Hemishpere | Half of the sphere or globe any of the halves of the Earth (northern, southern, eastern, western) |
| Absolute Location | The EXACT spot or location on Earth where something is found. It is often stated in latitude and longitude. |
| Relative Location | THe postition of a place in relation to another place. |
| Compass Rose | Has arrows that point to all four cardinal directions north,south,east,west. |
| Political Map | A map that shows boutndries between countries or states and often labels major cities and capitols as well. |
| Physical Map | A map which shows geographical features such as elevation in feet or meters. |
| Consumer | People who buy or use recorces. |
| Producer | Use land,labor,capital time. |
| Government | Serves a regulatory function |
| Financial Insititution | Institutions shich collect money and take loans |
| Economics | Science that deals with production, distribution and uses of money,natural recources and services. |
| Barter | Trading goods and services |
| Money | A medium of exchange. (durable,plentiful,produceable,portable,consistant) |
| Credit | Trust between people, and a pledge to pay later. |
| Stock | Buying shares in a company in exchange for a return of profit. |
| Incorporate | Selling shares of a business or company. |
| Democracy | A form of government in which the people elect leaders and rule by majority. |
| Comunism | A political system in which government owns all property and domonates all aspects of life in a country. |
| Matrket Economy | A system based on private ownership. |
| Command Economy | A system based on central governmental ownership,make all economic desisions. |