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geography chap.3-4
economic activitys
| Question | Answer |
|---|---|
| Economic | anything to do with money jobs, commerce |
| Scarcity | limited quantities of re-sources to meet unlimited wants |
| Traditional economies | farming, hunting bartering |
| Primary economic activities | direct use of natural/raw re-sources such as mining or agriculture |
| economic activities | use of natural/ raw resources to make consumer products such as manufacturing |
| Tertiary economic activities | people-based activities such as service jobs such as waitresses or retail sales |
| Quaternary economic activities | Highly skilled proffesionals which deal with movement and processing information such as specialized reserchers |
| Economic spectrum | scale describing th amount of government |
| Sustenance agriculture | farming to feed immediate family only |
| Quaternary economic activities | higly skilled professions which deal with movement and processing information. |
| Economic spectrum | Scale describing the amount of government and private influeces on the distribution and use of factors of production. |
| Sustenance agriculture | Faming to feed immediate family only. |
| Commercial agriculture | Large scale farming done for profit |
| Commerce | The buying and selling of goods or services. |
| Manufacturing | Mass production of goods using machines. |
| Goods | Agricultural and manufactured products. |
| Services | Actions or activities one person performs for another |
| Cottage industry | home or village based production. |