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Economic activity - Coggle Diagram
Economic activity
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Economic agents
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Companies. Private or semiprivate. They don't consume tehir goods, theu sell them. Small, medium or multinational.
Economic agents are those elements that have a role in converting the factors of production into goods and services.
State. Offers people or campines services, finaced by taxes. Stablishes the laws and oversees essential services.
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Factors of production
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3 groups
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Natural. Renewable, partially renewable or non-renewable.
Economic activity is what is carried out by humans in order to acquire goods that satisfy consumer needs.