BASIC Global vocabulary

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BASIC GLOBAL VOCABULARY 1.Economic System : system of production and exchange of goods and services as well as allocation of resources in a society 2.Traditional Economy : customs and traditions dictate jobs and all decision making 3.Command Economy : government makes all Economic decisions 4.Market Economy : laws of supply and demand guide this economy type

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BASIC Global vocabulary. Paleolithic Era : prehistoric period that lasted from about 2,500,000 to 8,000 BC; during which people made use of crude stone tools Neolithic Era : prehistoric period that began about 8,000 BC where people learned to farm & domesticate animals - PowerPoint PPT Presentation

Transcript of BASIC Global vocabulary

Page 1: BASIC Global vocabulary

BASIC GLOBAL VOCABULARY

1. Economic System: system of production and exchange of

goods and services as well as allocation of resources in a

society

2. Traditional Economy: customs and traditions dictate jobs

and all decision making

3. Command Economy: government makes all Economic

decisions

4. Market Economy: laws of supply and demand guide this

economy type

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5. Mixed Economy: has elements of the different

economies: command, traditional and market

6. Factors of Production: resources used to produce goods

and services

7. Geographer: someone who studies the Earth's

natural environment and human society

8. Archaeologist: someone who studies the science

of prehistoric peoples and their cultures by

analysis of their artifacts, inscriptions, monuments,

etc.

9. Economist: someone who studies the

relationship between a society's resources & its

production or output.

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10. Scarcity: limited resources for unlimited

wants

11. Primary Source: document or physical object

which was written or created during the time

under study

12. Secondary Source: interprets and analyzes

primary sources

13. Natural Barrier: physical feature that protects

or hinders travel through or over. Mountains,

swamps, deserts

14. Deity: god; divine being

15. Monotheistic: belief in one Deity

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16. Polytheistic: belief in many deities

17. Golden Age: an era of great prosperity and

accomplishment

18. Civilization: highly organized group of people

with their own language and ways of living

19. Architecture: art or practice of designing and

constructing buildings

20. Agriculture: practice of farming, including

cultivation of the soil for the growing of crops & the

rearing of animals to provide food, wool, & other

products

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21. Subsistence Farming: provides enough food

for the farmer and his family but not enough for

sale

22. Technology: application of scientific

knowledge to make everyday life better/easier

23. Urbanization: movement of people from the

countryside into cities (often for jobs)

24. Crossroads: trade center where many trade

routes meet