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TRUE OR FALSE: ALDI can be classified as a large company, because there are more than two hundred people working there
TRUE
what are some examples of livestock farming?
beef, pigs, chickens etc.
________ involves cutting down trees in order to use their ______.
logging, wood
what are 3 examples of transportation?
car, bus, taxi, bike, walk, uber
what are the two types of fishing?
1. deep sea fishing 2. inshore fishing
TRUE OR FALSE: Companies that DO NOT purchase and sell products are trade companies.
False: Companies that DO purchase and sell products are trade companies.
TRUE OR FALSE: There are private companies, public companies and private and public companies
TRUE
TRUE OR FALSE: companies can be classified by their economic activity or by their size
TRUE
what are the three components of economic activity? a. consumption, selling, training b. production, distribution, consumption
b. production, distribution, consumption
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 types of expenses a) fixed, variable, unexpected b. fixed, invariable, expected
a) fixed, variable, unexpected
what economic activity is in this picture?
what economic activity is in this picture?
what economic activity is in this picture?
______ commerce is the trade between _________ countries and ________ commerce is the trade _______ a country.
a. Foreign, different b. domestic, inside
Some examples of ______ ________ _________ are trade, tourism, and transport.
tertiary sector activities
Some examples of _________ _______ __________ are mining, energy sources, or industries.
secondary sector activities
Some examples of _______ _______ ________ are agriculture, livestock farming, fishing and logging.
primary sector activities
Companies can be classified by ______ including, small, medium sized, or large companies.
size
Companies can be classified by their _______ ________ including, industry, services or trade companies.
a. economic activity
_________ are people who buy products from _________.
a. Consumers b. companies
__________ is the use and enjoyment of products.
a. Consumption
______ is the creation of products. _______ is the transfer of products
a. production b. distribution
______________ describes the tasks people perform to cover their _______, such as food, clothing, and services.
a. Economic activity b. needs
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