| A | B |
|---|
| Quaternary Activities | Workers process and distribute information |
| Traditional/Subsistence Economy | People make goods for themselves and their families |
| Secondary Activities | Use raw materials to produce or manufacture something new |
| Free Enterprise | Competition among businesses determine the price of products |
| Market Economy | People freely choose what to buy and sell |
| Tertiary Activities | Provide services to people and business |
| Capitalism | In this system, businesses, industries, and resources are privately owned |
| Primary Activities | Use natural resources directly from the source |
| Command Economy | In this type of economy the government decides what to produce, where to make it, and what price to charge |
| Communism | Economical and political system in which the government owns or controls almost all the means of production |
| Developing Countries | These countries are less productive economically and have lower standards of living |
| Middle Income Countries | These countries have features of both developed and developing countries |
| Developed Countries | These countries have high levels of industrialization, and their people enjoy high standards of living |
| type of agriculture in which farmers clear trees or brush for planting | Shifting Cultivation/ Slash and Burn |
| When hunter-gatherers learned how to grow plants and tame animals for their own use | Domestication |
| The growth in the proportion of people living in town and cities | Urbanization |
| Type of agriculture that involves herding animals | Pastoralism |
| Under this system , farmers grow products to sell to consumers | Market Oriented Agriculture |
| Operation of specialized commercial farms for more efficiency and profits | Agribusiness |
| Area in city center dominated by large stores, offices, and buildings | Central Business District (CBD) |
