Professional Documents
Culture Documents
Economy Part 1 Notes Questions
Economy Part 1 Notes Questions
Part
1
NOTES
What
is
economy?
What
does
the
development
of
economy
depend
upon?
What
is
production?
What
is
distribution?
What
does
distribution
depend
on?
What
does
consumption
depend
on?
What
are
the
four
elements
that
are
needed
for
production
to
occur?
What
is
an
entrepreneur?
What
are
capital
resources?
What
are
labor
resources?
What
are
natural
resources?
What
are
the
5
types
of
industries?
What
is
agriculture?
What
is
an
example
of
a
product
that
is
considered
a
part
of
the
agriculture
industry?
What
is
manufacturing?
What
is
an
example
of
a
product
that
can
come
from
the
manufacturing
industry?
What
is
wholesale?
What
is
an
example
of
a
wholesale
industry?
What
is
retail?
What
is
an
example
of
a
retail
industry?
What
is
a
service?
What
is
an
example
of
a
service
industry?