Economic Activity: Production, Distribution, and Systems
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Economic Activity
Economic activity is the means by which we obtain the products and services to cover our needs. It involves several phases:
- Production: The generation of goods and services.
- Distribution: The allocation of goods and services.
- Consumption: The acquisition of products to meet needs.
Economic Sectors
- Primary Sector: Agriculture, livestock, fishing, and forestry.
- Secondary Sector: Economic activities that transform raw materials into manufactured products.
- Tertiary Sector: A variety of activities that do not produce tangible goods.
- Quaternary Sector: Research, design, management, and development.
Economic Agents
- Families: Involved in production, providing labor and consuming goods and services.
- Enterprises: Produce goods and services for