Geography

Geography

Storyboard Text

  • Scarce:(especially of food, money, or some other resource) insufficient for the demand.
  • Why have gas prices went u almost Two dollars?!
  • Well, since the supply of gas is scarce, prices have to go up so less of it is being used.
  • Opportunity cost: the loss of potential gain from other alternatives when one alternative is chosen.
  • I could have chose to live in my old apartment, but i bought a new house instead!
  • Globalization: the process by which businesses or other organizations develop international influence or start operating on an international scale.
  • The small coffee shop in town has so many customers!
  • A popular culture trait is shopping.
  • Popular culture: culture based on the tastes of ordinary people rather than an educated elite.
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