Unit 2 Western Hemisphere Vocabulary (Video Notes)

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Vocabulary flashcards covering key terms from Unit 2 Western Hemisphere notes for quick review.

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8 Terms

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Colonialism

The practice of one country directly ruling and developing trade in a foreign territory for its own benefit.

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Cultural Diffusion

The process by which ideas, traits, or customs spread from one culture or group to another over time and space (examples include languages and religions).

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Free Enterprise

A system in which privately owned businesses create goods and services, also called a market economy or capitalism.

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Gross Domestic Product (GDP)

The total value of goods and services produced within a country in a given year.

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Immigration

A permanent move of a person to a different country.

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Life Expectancy

Average age to which a person in a given population can expect to live.

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Literacy Rate

The percentage of people who can read and write.

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Natural Resources

A useful material that is found in nature such as water, wood, coal, or oil.