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ECONOMIC ACTIVITY image Economic activity is what humans do in…

- - - - Consumable
        
        Durable
        
        Non-durable
      - Capital goods
    - - Intermediated goods
      - Finished goods
    - - Private
      - Public
- - - - These are the people who convert natural resources into economic goods.
    - - This is made up of the material, technical and financial resources.
    - - These are the resources that are provided by nature.
      - Classification
        
        Rewenable
        
        Partially renewable
        
        Non-renewable
- - - - These are also private but do not consume the products or services that they generate.
    - - It offers services to people and companies by collecting taxes from people.
      - It establishes the laws.
    - - They are private economic agents that make up small production units.
- - - - The Primary sector includes activities involved in obtaining resources directly from raw material.
    - - The Secondary sector includes activities involved in converting raw materials into manufactured products or building housing and infrastructure.
    - - The Tertiary sector, also known as the service sector includes education, healthcare, trade, tourism and transport.