materials in the natural environment that people value and use to satisfy their needs. give some...

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Resources and Land Use

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  • Materials in the natural environment that people value and use to satisfy their needs. Give some examples of natural resources you use on a daily basis.
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  • 1. The ways that people use world resources. 2. Where resources are located. 3. How resources are distributed. 4. How the use of resources affect the earth.
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  • Regenerated or replaced by the environment Soil Water Sun Wind
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  • Water Power: energy from falling water to power machines to generate electricity Geothermal Energy: produced from the earths internal heat Solar Energy: produced from the suns radiation Wind Power: conversion of wind energy to generate electricity
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  • Cannot be replaced once used Minerals Fossil fuels (coal, oil, natural gas) Iron, copper, aluminum, uranium, gold
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  • Fossil Fuels: formed by ancient plant and animal remains (over millions of years) Unevenly spread around the world Limited amount/Likely to run out Causes pollution/hurts the environment
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  • Netherlands $6.48 Norway $6.27 Italy $5.96 Denmark $5.93 Sweden $5.80 London $5.79 Germany $5.57 France $5.54 Saudi Arabia $0.91 Kuwait $0.78 Egypt $0.65 Nigeria $0.38 Venezuela $0.12
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  • Crude Oil + Refining Process + Retail Sales/Distribution + Taxes = Gas Price 69% 6% 10% 15% 23.46 2.04 3.04 5.1 34.00
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  • The earths resources are not evenly distributed around the world Affects: where people live, economic activities, trade, etc.
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  • Economic Activities : what people do in order to acquire the things they need and the luxuries they desire 4 categories Primary Secondary Tertiary Quaternary
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  • 1. Primary Economic Activities: rely directly on natural resources Examples: fishing, forestry, mining, farming, hunting/gathering, herding Subsistence Farming VS Commercial Farming
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  • 2. Secondary Economic Activities: people use raw materials to produce new products of greater value Examples: pressing wheat to make flour, manufacturing Cottage Industry VS Commercial Industry
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  • 3. Tertiary Economic Activities: do not directly gather or process raw materials instead they pursue activities that serve others Examples: doctors, salespeople, truck drivers, firefighters, police
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  • 4. Quaternary Economic Activities: acquisition, processing, and sharing of information Examples: education, government, information processing, research, Lawyers
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  • Exports: goods sent out of the country Imports: goods brought into the country Governments attempt to maintain a balance Deficit = domestic businesses lose profits/fail, unemployment rises, nations debt to other countries rises
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  • Traditional Economy families produce what they need - (personal use/little trade) Market Economy (Free enterprise) Capitalism Private individuals/groups decide what to produce, how much to produce, and at what price Law of supply and demand
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  • Command Economy controlled by a single, central government Economic decisions made by government leaders (what and how much to produce at what price) Decisions made to achieve social or political goals (Communism)
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  • Mixed Economy mixture of all three Socialism Government should run some industries Government should provide some goods and services To pay for services, usually impose high taxes
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  • Developed: Modern industrial societies High standard of living, higher education levels, live longer Digital technologies, communications, transportation
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  • Underdeveloped: lower levels of prosperity Lack adequate industries and modern technology Depend on developed countries for manufactured goods
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  • Developing: show evidence of political, economic, and social progress One measure per capita Gross Domestic Product (GDP) Total value of goods and services produced in a country in a year/total population
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  • 1. Why has the worlds population increased rapidly over time? 2. How is population density calculated? 3. List the 4 economic activities and give an example of each. 4. List and describe 3 economic systems used in the world. 5. What is wrong with having a deficit when it comes to importing and exporting?