A producer is a person who makes goods or services to sell.
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What is free enterprise (market economy)?
An economy in which people are free to start their own businesses or to produce whatever good or service they want.
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What is command economy?
An economy in which the government decides what goods and services can be sold.
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What is private property?
The land or goods that people or companies own.
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Who is an individual?
A single human being
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What means to involve?
It means to incluce
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What is mining?
Mining is the process of digging or extracting valuable materials, such as minerals, metals, and fossil fuels, from the ground.
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What is construction?
Construction is the process of building things like houses, buildings, roads, and bridges. It involves many different steps, such as designing the structure.
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What are services?
Services are activities that people do for others to help them meet their needs or wants.
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What is manufacturing?
Manufacturing is the process of creating products by using raw materials and turning them into finished goods.
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What is agricultural sector?
The agriculture industry is a group of industries that are involved in growing and producing crops and raising animals for food, clothing, and other products.
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What is transportation sector?
The transportation sector is a group of industries that are involved in moving people and goods from one place to another.
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What is entertainment insdustry?
The entertainment industry is a group of industries that are involved in providing entertainment to people. This includes things like movies, TV shows, music,