Hunters And Gatherers

Economics: the study of how societies use the scarce resources available to fulfil the endless amounts of lacks and needs of the people living in the order of battle of magnitude through the provision of goods and work. This is the cause of the economic problem

Needs: an aspiration/item that you need to have as it is essential to choke e.g. water
Wants: something that you would like to have but is not essential to croak e.g. perfume
Goods: things/objects that people use
Services: actions/tasks people have done for them
mart: any place where goods and services are bought/sold
Supply: to ease up a good/service available
Demand: the need/want/desire of different things (goods and services)
Consumers: the people who use/buy the goods and services
Productions: any economic activity that creates/makes goods and services
Resources: All things that are needed in the production process

3 LEVELS OF doing:
1.Primary - producers who deal with lifelike resources, e.g. miners, fishermen and agricultures
2.Secondary producers who deal with crating goods from natural resources, e.g.



factory workers and manufactures
3.Tertiary Producers who deal with creating the services available for the people, e.g. hairdressers and dentists

3 CATEGORIES OF RESOURCES:
1.Natural fauna and flora
2.Human enterprise and labour
3.Capital machinery/equipment/infrastructure

scotch QUESTIONS:
1.What go forth be produced?
2.How much allow for be produced?
3.Who give make the goods/services?
4.How will the things be made?
5.Who will get the goods/services after they have been produced?
6.How much will the things cost?If you want to get a full essay, order it on our website: Orderessay



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