A suburban area is a group of residential areas near a city or an urban location. These suburban areas are important because it is where the majority of people live it makes it easier for people to have a close commute to work in the city while living at a more reasonable price rather than living directly in a city.

A favela is a type of Brazilian slum which is almost completely neglected by the government. As a result, many people suffer from drug abuse and gang violence. The favelas are also a great example of an urban area that lacks urban planning.

Creative destruction is the process in which older businesses become replaced by new, more relevant businesses. Creative destruction can be a source of economic expansion because of the significant number of new jobs and technologies created from the new industries.

A primate city is a city that is the biggest in a country and has twice the amount of total population to the 2nd largest city. These cities are important because they can be used as social and economic hubs as well as the start of large economic growth.

A megacity is a city that houses more than 10 million people. These cities are important because they create jobs for many and spark economic growth within the country.

Documented immigrants are foreigners who are legally allowed to enter the United States. These people are significant because a lot of these people create successful businesses.

An asylum is a grant given to someone fleeing to stay in their country. These asylums are significant because they have the power to change people's live both negatively, when someone is rejected and positively when someone is accepted.

A refugee is a person fleeing their country because they fear something will happen to them because of their race, religion, gender, etc. Refugees have many rights that come with them. For example, refugees have the right to not get sent back to the place they fled. These refugees are significant because millions of people are considered to be a refugee, proving the dangers, and imperfections the world has.

Undocumented immigrants are foreigners who are illegally entering the United States. They are significant because many people assume them to be criminals and drug dealers even though the U.S may be throwing away some brilliant minds that could do much good for the country.

Capital investment is when a country invests in their cities by modernizing it, therefore creating new jobs and spiking economic growth.

Trade involves the transfer of goods or services from one country to another, in exchange for money. Trade is the way that countries can buy things they can not produce themselves and sell things that they have more than enough of.

Scarcity is the limited availability of a commodity, which may be needed in other counties or in your own country.

Imports are foreign goods and services bought by the government from another country. Countries often import things that they can't obtain in their own country.

The global supply chain is the system in which countries that have an abundant amount of an item or commodity, trades with countries that do not have that items or have a scarcity of it.

An export in international trade is a good or service produced in one country that is sold into another country. Countries often export items that they have an abundant amount of. Countries who exported recieve money as a trade.

A commodity is a basic item that can be used to form items. Most commodities are grown from the earth.Countries who net most of their income from commodities such as the Ivory Coast often get a very small percentage of the actual profit made from selling the final product.

The balance of trade is the balance a country chooses to have between how much they import and how much they export. If a country chooses to export more than they import, then they will eventually be in debt because they are spending more than they are earning.

A choke point is a very big shortcut that usually cuts through a large land mass. Countries can make lots of money off of these choke points because its saves ships lots of time by going through them.

Fair trade is a system designed to help producers in developing countries achieve sustainable income regardless of the market price that the country has for the commodity. Items that are certified fair trade are usually more expensive then those not certified fair trade.

Specialization is the tendency countries have to specialize in creating or growing something based on the envioronment, number of people in the workforce, etc.

Container ships are cargo ships that carry all of their load in truck-size containers, in a technique called containerization.

Goods are items that people want that usually are made from processed commodities. These items are everywhere as everything bought and sold are officially goods.

China is the worlds largest exporter. It is east to find a thing that has been made in China. China specialzes in creating goods generally. This is probably because of its large workforce, as China is the world's most popular country.

Comparitive advantage is the advantage some countries have over others in that they can produce the same commodity, or good for a cheaper cost than another country. This is usually because of the minimum pay law a country has and the environment a counrty is in.