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25 Cards in this Set
- Front
- Back
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market economies
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allow people to own, operate, and profit from their own businesses.
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postindustrial
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economies, which place less emphasis on heavy industry and traditional manufacturing and more emphasis on service and high- tech businesses
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central business district
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urban areas where the high concentration of office buildings and retail shops is easily accessible from the industrial area as well as from the suburbs
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silicon valley
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the third-largest U.S high- tech center after New York and Washington D.C.
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Manufacturing Belt
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an area extending east from the great lakes without their major economic bases.
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retooling
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when cities have converted old factories for use in new industries
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commodities
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goods produced for sale
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arable
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land suited for farming
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wheat belt
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wheat is grown in the Prairie Provenience's of Canada and on the Great Plains of the United States
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corn belt
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stretches from
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Ohio river
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river that flows for 980 miles (1,580 km) from Pennsylvania to the Mississippi River in Illinois.
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Trans- Canada highway
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runs 4,860 miles from Victoria, British Columbia, to St. John's Newfoundland
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global economy
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the merging of economies in which countries are interconnected and become dependent on one another for goods and services
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trade deficit
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the difference in value between a country's import's and exports
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tariffs
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taxes
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trade surplus
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earning more from exports than it spends for imports
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outsourcing
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setting up plants
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clear cutting
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taking out our whole forests when harvesting timber
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new Orleans
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a city that has been destroyed nearby wetlands that once protected the area from flooding
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overfishing
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occurs when the amount of fish caught exceeds the amount that can be resupplied by natural reproduction
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acid rain
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precipitation carrying high amounts of acid material
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smog
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chemicals that create acid
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eutrophication
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a process which a body of water becomes rich in dissolved nutrients, encouraging overgrowth
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rio grande
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rapid industrial growth that threatens the environment
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Alaska
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artic regions
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