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______________ describes the tasks people perform to cover their _______, such as food, clothing, and services.
a. Economic activity b. needs
______ is the creation of products. _______ is the transfer of products
a. production b. distribution
__________ is the use and enjoyment of products.
a. Consumption
_________ are people who buy products from _________.
a. Consumers b. companies
Companies can be classified by their _______ ________ including, industry, services or trade companies.
a. economic activity
Companies can be classified by ______ including, small, medium sized, or large companies.
size
Some examples of _______ _______ ________ are agriculture, livestock farming, fishing and logging.
primary sector activities
Some examples of _________ _______ __________ are mining, energy sources, or industries.
secondary sector activities
Some examples of ______ ________ _________ are trade, tourism, and transport.
tertiary sector activities
______ commerce is the trade between _________ countries and ________ commerce is the trade _______ a country.
a. Foreign, different b. domestic, inside
what economic activity is in this picture?
what economic activity is in this picture?
what economic activity is in this picture?
what are the three types of expenses a) fixed, variable, unexpected b. fixed, invariable, expected
a) fixed, variable, unexpected
Savings are ..... a) money that we spend all at once b) money that we safe for future needs
b) money that we safe for future needs
what are the three components of economic activity? a. consumption, selling, training b. production, distribution, consumption
b. production, distribution, consumption
