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Economic Activity Grade 4
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Mention 3 examples of consumption activities!
Shopping, traveling, learning at school.
Mrs. Richardson is a beekeeper. She prepares jars of honey and takes them to a roadside stand. Is Mrs. Richardson a consumer, producer, or distributor?
Producer.
Chris gets permission to buy a jacket before cold weather comes. Is Chris a consumer or producer?
consumer
Human is economics being (homo economicus) means....
Humans seek to satisfy unlimited needs.
Name a job for tertiary worker.
Teacher, shop keeper, security, doctor, bank officer, etc
Manufacturing of clothes is: a primary, secondary, or tertiary activity.
Secondary.
Mining is: a primary, secondary or tertiary activity
Primary
A school is: a primary, secondary, or tertiary activity.
Tertiary,
Manufacturing of dairy product is: a primary, secondary, or tertiary activity.
secondary
A bank is: primary, secondary, or tertiary activity.
Tertiary.
Agriculture is: a primary, secondary, or tertiary activity,
Primary.
Fishing is: a primary, secondary, or tertiary activity.
Primary,
A restaurant is: primary, secondary, or tertiary activity.
Tertiary.
Manufacture of coconut oil is: a primary, secondary, or tertiary activity?
Secondary.
True or False: Economic activity is when people perform to cover their needs.
True
What is economic activity?
When people perform tasks to cover their needs, such as food, clothing, services.
A person who produces goods called______.
producer
_______ is a person who use or spend goods.
Consumer
A person who distribute goods called_____.
distributor
________ is an activity to share or spread goods to consumer.
Distribution
_________ is an activity to add or produce new goods.
production