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ECONOMIC ACTIVITY

Description

Mind Map on ECONOMIC ACTIVITY, created by No me copies los mapas puto on 07/03/2020.

Mind Map by No me copies los mapas puto, updated more than 1 year ago

	Created by No me copies los mapas puto about 4 years ago

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Resource summary

ECONOMIC ACTIVITY

HUMAN NEEDS AND PRODUCTION
1. needs
  1. primary
  2. secundary
2. production
  1. to meet human needs
ECONOMIC ACTIVITIES
1. production
2. CONSUMPTION
3. distibution
FACTORS OF PRODUCTION
1. natural resources
  1. renewable
  2. non renewable
2. capital
  1. human
  2. physical
  3. financial
3. labour
  1. physical
  2. intellectual
ECONOMIC AGENTS
1. households
2. goverment
3. businesses
ECONOMIC SYSTEMS
1. basic economic issues
  1. what to produce
  2. how to produce
  3. for whom to produce
2. tradition-based economic systems
3. capitalism and the free market system
  1. supply
    1. price
  2. demand
4. authority
5. mixed economy system
  1. taxes

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