Please enable JavaScript.
Coggle requires JavaScript to display documents.
unit 1 - Coggle Diagram
unit 1
production
process goods and services
satisfy needs and wants
needs: essential, food, water
wants: not important, new phone
goods: physcal product bought and sold
capital goods: manufactore other goods
non durable goods : used quickly
consumer good, everyday use
durable goods: longer use
factors of production
capital
enterprise
labour
land
sector of production
secondary, industry
primary, farming
tertiary, transport
commerce
trade
home trade
one country
wholesalers, retailers
international trade
service to trade
new type
susatinable trade
biotrade
fair trade
supply chain
connect the three sector
sequnces of steps