Unit 10 Geography glossary

MORTGAGE: a loan to finance the purchase of private residential or commercial property.

OFF-PEAK SEASON: the less busy annual period.

PEAK SEASON: the busiest annual period.

RECESSION: a business cycle contraction/ a general slowdown in economy activity.

CEREALS: grasses grown for the edible components of their grain.

DOMESTIC TOURISM: tourism in which tourists do not leave their own country.

PEAK SEASON: the busiest annual period.

RECESSION: a business cycle contraction/ a general slowdown in economy activity.

AGRICULTURAL LANDSCAPE: a landscape that has been transformed by people to cultivate crops and/or rear livestock.

HIGH-SPEED-RAIL: a type of rail transport involving high-speed trains.

LARGE-SCALE TOURISM: travel and accommodation offered to large groups at affordable prices by tour operators.

SPECULATION: investment in stocks, property or other assets in the hope of gain, but with the risk of loss.

CROP: a cultivated plant to be harvested as food, animal fodder, fuel or for any other economic purpose.

CULTURAL HERITAGE: the things, places and practices that define who we are as individuals, as communities, as nations or cultures.

TOUR OPERATORS: a company that combines tour and travel components to cater for large-scale tourism.