| A | B |
|---|
| Literate | The ability to read and to write. |
| Illiterate | Not having the ability to read and write. |
| Export | A good(product) shipped out of a nation. |
| Import | A good(product) brought into a nation. |
| Natural Resources | Materials provided by this planet. Examples are oil, water, coal, and wood. |
| Subsistence Farming | When a family produces just enough food to meet its own needs without any surplus(extra) for sale. |
| Self Sufficient | A person being able to take care of their own needs without help. Ex. When a country is able to produce enough food to feed its own people. |
| Mortality Rate | Deals with the number of people who die in a country. Ex. 151 people die per 1000 born. |
| Infant Mortality Rate | Deals with the number of babies that die in a country per 1000 babies born. |
| Life Expectancy | How long a person in a particular country is expected to live. Ex. 76 years of age. |
| Population Density | the average number of people living in a particular country (deals with how crowded an area is). |
| Standard of Living | The level of comfort enjoyed by an individual or a group. What someone considers a luxury or a necessity. |
| Capital | Things used to produce goods and services(ex. machinery). Also money used to develop a country's economy. |
| Income | Money that is earned by a particular person or group of people(family). |
| Per Capita Income | The amount of money that each person(on the average) makes in a year in a particular country. |
| Gross National Product (GNP) | The total amount of all goods and services produced by a nation in a year. |
| Per Capita GNP | The average value per person of the goods and services a country produces in a year. (You get this number by dividing the GNP by the number of people that live in that country). |
| Economics | A social science concerned with how goods and services are produced, distributed, and consumed. Also how money flows through an economic system. |
| Why is history important? | History is everything and everything is history. Those that fail to learn history are doomed to repeat it. |
| Governments | These are formed to meet the needs of the people, provide protection from internal and external threats, and to keep order within society. |
| Dictatorship | A form of government in which power is concentrated in one person or a small group of people. |
| Aristocracy | A form of government in which power is concentrated in a minority consisting of those believed to be the best qualified(most of the time the wealthiest people). |
| Theocracy | A form of government in which power is concentrated in a few religious officials who act on their God's will. |
| Absolute Monarchy | A form of government in which absolute power is given to one person (by birthright). |
| Constitutional Monarchy | A form of government where one person holds the power, but is regulated according to a constitution or book of laws. |
| Direct Democracy | A government in which supreme power is concentrated in the "people" by vote. |
| Republican Democracy | A government in which supreme power is concentrated in a body of citizens entitled to vote for the "people"(elected officials). |
| Anarchy | A state of lawlessness or political disorder due to the absence of governmental authority. |
