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15 Cards in this Set
- Front
- Back
Capital
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Already-produced durable goods that are used in production of goods or services.
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Capital-Intensive Agriculture
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Is when there are high amounts of money put into a farm to develop it, and put towards the daily running of the farm.
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Comparative Advantage
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The ability of a firm or individual to produce goods and/or services at a lower opportunity cost than other firms or individuals.
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Extensive Agriculture
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An agricultural production system that uses small inputs of labor, fertilizers, and capital, relative to the land area being farmed.
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Free Trade
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A policy by which a government does not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports).
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Friction of Distance
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As the distance from a point increases, the interactions with that point decrease, usually because the time and costs involved increase with distance.
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Irrigation
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Artificial watering of farmland.
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Land Cover
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Land cover is the physical material at the surface of the earth.
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Land Use
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The human use of land.
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Livestock
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Animals kept or raised for use or pleasure.
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Mixed Farming
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The use of a single farm for multiple purposes, as the growing of cash crops or the raising of livestock.
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Nomadism
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A member of a group of people who have no fixed home and move according to the seasons from place to place in search of food, water, and grazing land.
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Plantation
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A usually large group of plants and especially trees under cultivation.
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Remote Sensing
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The acquisition of information about an object or phenomenon without making physical contact with the object.
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Yield
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The income return on an investment.
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