unit 5 vocab

1. Economy Where goods and services are exchanged without money. Emphasizes on trading and bartering of products and services.
4. level jobs Are jobs that focus on manufacturing and processing of goods.
5. Economy An economy where the government controls the production of goods and services.
6. Farming is farming or just your family (small scale)
8. Countries countries have a high population growth rate which lead to overpopulation and resource shortages.
13. Farming produces crops or animals for big market (large scale)
16. when countries work together to get done what they need to. This happens when countries trade with each other.
17. Countries A Rich/Wealthy.

2. Countries that are not near water.
3. economy an economy that involves businesses competing against each other for consumer demand. Also known as capitalism.
7. Lanes a regularly used navigable route for large water vessels on wide waterways such as oceans, large lakes.
9. jobs are jobs that deal directly with resources at the bottom or first level.
10. is the income earned by each person in a country.
11. Is the study of how people distribute their wealth
12. Jobs are jobs that provide a service such as transportation, retail trade, and information technology.
14. Economy Combines the features of a market and command economy.
15. Measures the total number of goods produced by a country each year.