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Humans Needs and Production : - Coggle Diagram
Humans Needs and Production :
ecnomic activities
distribution
transporting goods from producer to the consumer
consumition
use the goods and services produced
production
creation of goods and service such as food by farmers
Natural resources
Renewable resources
Can be consumed without being exhausted and they regenerate fast
non-renewable resources
regenerate more slowly than they are consumed they can run out if we overconsume then
capitalims
price
The value of a product or service it link to the supply and demand
supply
Products available on the market during a period
demand
the product or service that consumers want for a specific price
price decrese
if the supply is high but demand low the prices decrese
prices incrise
if the demand is high but supply low prices incrises
Sectors of the economy
Secondary
produce capital goods and raw materials
Mining, industrial activities, construction and energy production
tertiary
doasen't create or manufacter materials
commerce, transport and comunication tourism banks services...
Prymary sector
obtain natural resources
Fishing, farming, agriculture and foresting
country unions:
AU
The african union wants to streng then cooperation among its member countries and speed up the develop of countris
ASEAN
they goal is toachieve regional peace and economic growth.
EU
the final goal of european union is to incorporate all member in a single state. At the moment the union has really only extensively developed its economic structures.
OAS
promoud cooperation, peace, democracy and socioeconomic development within the region.
G7
This is comformed by: Germany, United States of America, canada, japan,france, united kingdom and itali
BRICS
This is comformed by: brazil, russia, india,china and south africa