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Primary economic activities are those activities where natural resources are extracted from the earth. Examples of primary activities are mining, farming
and fishing.
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What were the two primary methods for economics in 1500?
byzantine empire
What is the primary concern of economics?
How society chooses to use its limited resources
In economics a commodity is defined?
a primary product like oil or coffee.
What are some examples of commodities in economics?
A primary product like oil or coffee.
What is the primary objective of economics?
to study hw people make choices with limited resources
What were the two primary methods for economics in 1500?
byzantine empire
What are two primary economic activities?
Micro and macro economics
What is the primary concern of economics?
How society chooses to use its limited resources
In economics a commodity is defined?
a primary product like oil or coffee.
What a commodity is defined in economics?
a primary product like oil or coffee.
What are some examples of commodities in economics?
A primary product like oil or coffee.
What is the primary objective of economics?
to study hw people make choices with limited resources
What is an entry-level position for someone with an interest in economics?
The primary responsibilities in entry-level positions are the collection, adaptation, and preparation of data.
Classification of economics?
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
What are the classifications of economics?
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
In economics what is a capital account?
A capital account in economics, is one of two primary components, the balance of payments, and the current account. The current account reflects the nation's net income, and the capital account reflects the net change in the national ownership of assets.
Why is China considered a leader in world economics?
They are one of the primary holders of the US debt. So in a sense, they are leading the United States in fiscal responsibility.
