Chapter 4 lessons 4&5 vocabulary

Government supports and regulates enterprise through decisions that affect the marketplace

System in which tradition and custom control all economic activity; exists in only a few parts of the world today.

Geographical theory that seeks to explain the number, size, and location of human settlements in an urban system.

The directness of routes linking pairs of places.

A system in which factors of production are privately owned.

Cities generally considered to play an important role in the global economic system.

Private individuals or groups have the right to own property or businesses and make a profit with limited interference

Spreading of urban developments on land near a city

A country that has begun transitioning from primarily agricultural to primarily manufacturing and industrial activity.

A region that includes a central city and its surrounding suburbs.

Businesses are privately owned and production and prices are determined by supply and demand.

Decisions about production and distribution of goods and services are made by a central authority.

A country that, according to the United Nations, exhibits the lowest indicators of socioeconomic development.

A country that has a highly developed economy and advanced technological infrastructure .