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1.ECONOMIC ACTIVITY, deskargatu, deskargatu, deskargatu (1), deskargatu…
1.ECONOMIC ACTIVITY
1.1.ECONOMIC GOODS
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Goods:.
Obtained directly from nature (fruit, fish...)
Are turned into something (clothes, machines, books)
Services:
Activities carried out by humans to benefit society (finance, education, transportation, healthcare).
Classified by:
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3-Ownership:
Private (belonging to people, families or businesses)
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1-Composition:
They can be consumable
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Non-durable: pizza, food...
Capital goods (tools, equipment)
There are other kinds of goods: air, the sun, the rain and the wind.
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1.3.ECONOMIC AGENTS
Economic agents are those elements that have a role in converting the factors of production into goods and services.
These are:
Companies: are private but do not consume the products or services that they generate; they sell them for profit and in exchange for money.
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The State: It offers services to people and companies, and is financed by collecting taxes from people, families and companies
Establishes the laws that society must follow, and at the same time oversees essential services.(administration, defence and security, education, healthcare, road infrastructure, unemployment benefits and retirement pensions)
People and families: are private economic agents that make up small production units, generating and consuming goods and services.
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Economic activity is what is carried out by humans, to acquire goods products and services that satisfy consumer needs.
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