Resources, Technology, and World Trade
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| natural resource | material from the Earth that people use to meet their needs
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| renewable resource | natural resource that can be replaced naturally or grown again
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| non renewable resource | natural resources such as a mineral that cannot be replaced
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| economic system | system that sets rules for deciding what goods and services to produce, how to produce them, and who will receive them
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| developed country | country with an economy that has a mix of agriculture, a great deal of manufacturing, and service industries and that is very productive and provides its people with a high standard of living
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| developing country | country that has limited industry, where agriculture remains important, incomes are generally low
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| newly industrialized country | country that is creating new manufacturing and business
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| export | to sell goods or resources to other countries
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| import | to buy resources or goods from other countries
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| tariff | tax added to the price of goods that are imported
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| quota | number limit on how many items of a particular product can be imported from a certain nation
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| free trade | removal of trade restrictions so that goods flow freely among countries
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| interdependence | condition that exists when countries rely on each other for ideas, goods, services, and markets
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| finite | limited in supply
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| finance | provide funds or capital
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
akennon
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