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Natural Resources

Natural Resources. Something found in an area that is needed and useful to humans. Types of Resources Renewable- can be replaced naturally Non-Renewable- can not be replaced Unlimited- always available for human use (Sun, wind, water = all used to create energy). Trade.

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Natural Resources

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  1. Natural Resources • Something found in an area that is needed and useful to humans. • Types of Resources • Renewable- can be replaced naturally • Non-Renewable- can not be replaced • Unlimited- always available for human use (Sun, wind, water = all used to create energy)

  2. Trade • Most basic version of the economic system • Exports- resources and services a country sells to others • Imports- resources and services a country buys from another

  3. Economic Systems • Economy- the production and exchange of goods and services among a group of people • Traditional- Goods and services are traded, rarely use money • Command- production is decided on by the government (govt. owns the resources and businesses) • Market- production is determined by supply and demand

  4. Economic Development GDP- Gross Domestic Product- total amount of goods and services produced in one year Developing Nations- low GDP (2nd and 3rd world countries) Developed Nations- high GDP (1st world countries)

  5. Governments Representative Democracy- reps. are chosen from among the people to create laws Monarchy- ruling family who controls the government (Example- King or Queen) Oligarchy- small group of people control the govt. because of family, wealth, or military status Dictatorship- one person has complete control over the government Communism- government has all the power including control of the government

  6. Government Images

  7. Golden Age Pyramid • Every society goes through a cycle of development. • Rise • Gain territory • Establish a government • Create an economy • Create an army/ military • Uniform culture • Peak- Golden Age- • Peace • Prosperity • Power • Fall • Natural Disaster • Government overthrown • Economic depression • Loss of population (disease) • War

  8. Four Square Vocabulary- Economies and Governments Follow the folding directions before beginning your work. Top Left- Create a drawing that depicts your word Bottom Left- Choose one of the following Write a paragraph Make a lists of opposites Create an acrostic poem Complete “This makes me think of…” Top Right- Describe the meaning of the word in your own words. Bottom Right- Choose one of the following Create a list of similar words How is it like something in your life? Create a song, rap, or poem. Create a flow chart

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