MGS Unit 5 Vocab

2. Farming farming or just your family (small scale)
6. Farming Produces crops or animals for the big market (large scale)
9. Countries Countries have a high population growth rate which lead to overpopulation and resource shortages
11. Countries A Rich/Wealthy country
12. per Capita The income earned by each person in a country
13. Economy Where goods and services are exchanged without money
15. Level Jobs Jobs that deal directly with resources at the bottom or first level
16. The study of how people distribute their wealth

1. Countries that are not near water
2. Lanes A regularly used navigable route for large water vessels on wide waterways such as oceans, large lakes
3. Economy An economy that involves businesses competing against each other for consumer demand. Also known as capitalism
4. Economy Combines the features of a market and command economy
5. Level Jobs Jobs that focus on manufacturing and processing of goods
7. Economy An economy where the government controls the production of goods and services
8. Jobs Jobs that provide a service such as transportation, retail trade, and information technology
10. Measures the total number of goods produced by a country each year
14. When countries work together to get done what they need to