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ECONOMic activities - Coggle Diagram
ECONOMic activities
Economic goods
products
form naturre
turned into something
services are activities made by humans
compositon
consumable
durable
non durable
capital goods
function
intermediate
finished
ownership
private
semiprivate
public
Factors of production
are resources that are required for the economic goods
renewbable
partialy renewvable
non renewvable
human resources
capital
Economic agents
Economic agents are the elements that convert factors of production into goods and agents
People and families
hey are private agents
they are small production units
Companies
they are private but dont consume the products
they sell what they produce for money
they are in all economic sectors
The state
it offers services to people and companies
its financed by collencying taxes
it stablishes the law
The economic sectors
There are 3 sectors:
The preimary sector
Activities involbed in obtaining resources directly from nature
Secondary sector
Activities involved in corverting raw material into manufactured products
Tertiary sector
including lending services
