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Geography and Economy.

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  • Explain Mercator's map projection.
    Square shaped projection in which land shapes are shown accurately but it doesn't show correct size, the further things are from the Equator.
  • What are the characteristics of a political map?
    They show the names and borders of countries, the location of cities and other human-made features.
  • Mention how many hemispheres the Earth is divided in, and their names.
    4 hemispheres; northern, southern, western and eastern.
  • What are the four major kinds of resources?
    Land, labor, capital and entrepreneurship.
  • What is recession?
    Slow growth of economy.
  • Explain the law of supply.
    The higher the price, the more of it you will want to sell.
  • Explain what is entrepreneurship?
    The act of running a business.
  • What are the names of the two most important imaginary lines that divide the Earth's hemispheres?
    The Equator and The Prime Meridian.
  • Explain what is labor?
    The ability of people to work.
  • What is inflation and what does it mean for people.
    Rising prices and it means that money buys less, it is more expensive to live.
  • What is a climograph?
    A combination of a bar and a line graph used to show weather conditions.
  • What are the characteristics of a physical map?
    They show land and water, usually with green for land and blue for water, they also show elevation.
  • What is longitude?
    Parallel lines to the Prime Meridian that circle the Earth from Pole to Pole.
  • What is demand?
    The amount of something that a consumer wants to buy.
  • Explain what is land?
    Natural resources.
  • What is barter?
    When you exchange a good or service for another good and service. You don't buy.
  • What are the three key questions about economy?
    What goods or services to offer?, How to create and distribute them?, and Who will use them?
  • Explain Winkel Tripel's map projection.
    Map projection with more rounding on the sides almost reaching the poles in which shapes and sizes resemble a the globe model.
  • What are the four types of economies?
    Traditional, command, market and mixed.
  • What is a compass rose and what's its function?
    A symbol used to show the cardinal directions.
  • Explain Robinson's map projection.
    Map with rounded sides showing a truer picture of land and size, however the poles still appear distorted.
  • Mention the different types of graphs and their characteristics.
    Bar (uses bars to show statistics) line (uses points joined by a line), circle (a circle divided in sections that show percentages).
  • What is a special-purpose map and its possible uses?
    They are maps that show specific kinds of information, like climate, population, natural resources, roads, ancient empires, routes, etc.
  • What is latitude?
    Imaginary lines parallel to the Equator.
  • Explain Goode's Interrupted Equal-Area map projection.
    It shows a realistic representation of continents' sizes and shapes. He uses the metaphor of an orange peel that needs to be cut or distorted in order be flat.
  • What are imports and exports?
    Imports are the good or services that a country buys while exports are that what a country sells and ships somewhere else.
  • What is opportunity cost?
    What is given up in order to make or buy something.
  • Explain the law of supply
    The lower the price, the more people will want to buy.
  • What is supply?
    The amount of a good or service a producer wants to sell.
  • What are the characteristics of a chart?
    They show facts in an organized way using rows and columns.
  • Why was money invented?
    Because it has a set value, it can be traded for anything and it is easier to carry.
  • Explain what is capital?
    Money used to make things.
  • What is scarcity?
    The lack of a resource.
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