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Last updated 12:52 AM on 12/18/24
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17 Terms

1
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Free Enterprise

An economic system where products, prices, and services are determined by the market rather than government intervention.

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Service Industry

A sector that encompasses a wide range of services including financial services, healthcare, and education, contributing significantly to job creation and GDP.

3
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Foreclosure

A legal process where a borrower's rights to a property are relinquished due to failure to make loan payments.

4
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Megalopolis

A large, heavily populated urban area, often consisting of multiple metropolitan areas that have grown together.

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Immigration Trends

Patterns of movement of people into the U.S. for reasons such as escaping persecution, seeking jobs, and pursuing education.

6
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Aqueducts

Structures crucial for transporting water from areas of abundance to areas of scarcity, supporting agriculture, urban development, and industrial activities.

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Plate Tectonics

The movement of Earth's plates, leading to geological phenomena such as earthquakes and volcanic activity.

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Climate in Canada

Canada generally experiences colder temperatures and harsher winters due to its northern location compared to the U.S.

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Energy Production in Canada

Canada is a major exporter of energy resources, including crude oil, natural gas, and electricity, primarily to the U.S. with a variety of energy sources.

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megalopolis

A large, heavily populated urban area consisting of multiple metropolitan areas that have grown together.

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How does free enterprise promote competition?

It allows businesses to operate with minimal restrictions, leading to more consumer choice and competition.

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What historical event led to a rise in foreclosures in the U.S.?

The 2008 financial crisis saw a dramatic rise in foreclosures, impacting millions of Americans.

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What is the significance of aqueducts?

They ensure a reliable water supply for agriculture, urban development, and industrial activities.

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What role do immigrant trends play in U.S. society?

They enrich American culture but also present challenges in integration and policy.

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What geological phenomena result from plate tectonics?

Earthquakes and volcanic activity are major phenomena resulting from the movement of Earth's plates.

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How do climates differ between Canada and the U.S.?

Canada generally experiences colder temperatures, while the U.S. has a wider variety of climates.

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What is a notable example of a fault line in California?

The San Andreas Fault is a well-known fault line illustrating the effects of tectonic activity.

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