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ECONOMIC ACTIVITY - Coggle Diagram

- - - - Products
        
        Obtained directly from nature
        
        Turned into something
      - Services
        
        carried by humans to benefit society
    - - Function
        
        Can be intermediate goods
        
        Finished good
      - Ownership
        
        Can be private
        
        Public
      - Composition
        
        Can be consumable
        
        Capital goods
    - - Not related to economy
      - Belong to humans
      - Necessary to live
        
        Not subject to a price
        
        They are not enough like E.G.
- - - - Provided by nature and which can be used by mankind
      - Classified by
        
        Renewable
        
        (solar energy, wind...)
        
        Partially renewable
        
        (clean air, drinking water, plants...)
        
        Non-renewable
        
        (fossil fuel, minerals)
    - - People who
        
        Exploit and convert natural resources into economic goods.
    - - Made up of
        
        The material
        
        Technical
        
        Financial resources
      - Needed to obtain products and provide services
- - - - People and families
        
        Private economic agents
        
        Make up
        
        Small production units
        
        Generating and consuming goods and services
      - Companies
        
        Also private but they don't consume what they produce
        
        They sell them in exchange for money
        
        Different size small-medium companies to multinational companies.
      - The State
        
        Offers services to people and companies
        
        Financed by collecting taxes from families/companies.
        
        Establishes the laws (society must follow)
        
        Oversees essential services
        
        (administration, education...)
- - - - Converting raw materials into manufactured products (industry) or building housing and infrastructure
      - Require a variety of energy sources
    - - Including lending services
    - - Activities involved in obtaining resources directly from raw materials
      - The oldest economic activities