Theme 1 Definitions

?
Housing Tenure
The conditions under which a property is owned
1 of 16
Owner Occupied
When someone owns their house either outright or with a mortgage
2 of 16
Rented (Private)
When someone pays money to a private landlord to live in a house
3 of 16
Rented (Local authority)
When someone pays money to the council to live in a house
4 of 16
Rented (Housing association)
When someone pays money to a non-profit organisation to live in a house
5 of 16
Mortgage
An arrangement to borrow money to buy a house
6 of 16
Quality of Life
A measure of happiness influenced by the health of ourselves and our family and the environment in which we live
7 of 16
Standard of Living
A measure of relative wealth of an individual or family
8 of 16
Sphere of Influence
The area in which quality of life is affected
9 of 16
Services
Facilities provided by the government, local council or private sector
10 of 16
Convenience/low order goods
Things that you need to buy everyday and would not be prepared to travel far to get
11 of 16
Comparison/high order goods
High value goods that you buy less frequently
12 of 16
Threshold
The minimum population size to create demand for a product
13 of 16
Catchment area
The area from which a shop attracts its customers
14 of 16
Range
The distance that people are prepared to travel for certain goods
15 of 16
Distribution
How something is spread out over an area
16 of 16

Other cards in this set

Card 2

Front

When someone owns their house either outright or with a mortgage

Back

Owner Occupied

Card 3

Front

When someone pays money to a private landlord to live in a house

Back

Preview of the back of card 3

Card 4

Front

When someone pays money to the council to live in a house

Back

Preview of the back of card 4

Card 5

Front

When someone pays money to a non-profit organisation to live in a house

Back

Preview of the back of card 5
View more cards

Comments

No comments have yet been made

Similar Geography resources:

See all Geography resources »See all Challenges of Living in a Built Environment resources »