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Explain the difference between primary secondary and tertiary economic activities?
primary economic activity is when you take or use natural resources directly from the earth.for example:mining, logging, drilling for oil, fishing, and farming. Secondary economic activity is when you use raw materials to produce something new. for example: John Morells, Carpenter
What is an example of a region defined by economic activity?
(example): the corn belt
What are the major economic activities?
The major pillar of a country is called as the major economic activities. For example in Hawaii the major economic activity is Tourism.
Ask us of the following is an example of the use of fiscal policy by the U.S. government?
An example of fiscal policy by the U.S. government is the implementation of a major tax cut to stimulate consumer spending and boost economic growth. This action involves adjusting government spending and tax policies to influence overall economic activity. Another example is increasing government spending on infrastructure projects to create jobs and enhance economic productivity.
What is economic and non-economic activity?
Essentially the difference between economic and non economic activity is that economic activity are activities in the economy that contribute to the Gross Domestic Product [GDP] of the Nation. I.E if you provide/produce a good or service in exchange for money. example: you grow apples and sell them at the market- this is economic activity. Non economic activity is just the opposite. Activity in the economy that does not affect GDP. My understanding is that it is essentially unpaid work. Like if you clean your house or mow your lawn and do not get paid for your time/efforts.
Explain the difference between primary secondary and tertiary economic activities?
primary economic activity is when you take or use natural resources directly from the earth.for example:mining, logging, drilling for oil, fishing, and farming. Secondary economic activity is when you use raw materials to produce something new. for example: John Morells, Carpenter
What is an example of a region defined by economic activity?
(example): the corn belt
What is an example of an economic activity after the civil war?
Prostitution
What are the major economic activities?
The major pillar of a country is called as the major economic activities. For example in Hawaii the major economic activity is Tourism.
Define economic depression and name at least one example of one?
An economic depression is a sustained, long-term downturn in economic activity in one or more economy. An obvious example is the U.S. Great Depression.
Ask us of the following is an example of the use of fiscal policy by the U.S. government?
An example of fiscal policy by the U.S. government is the implementation of a major tax cut to stimulate consumer spending and boost economic growth. This action involves adjusting government spending and tax policies to influence overall economic activity. Another example is increasing government spending on infrastructure projects to create jobs and enhance economic productivity.
Which organism the secondary consumer in the following food chain?
FOX- Apex
What is economic and non-economic activity?
Essentially the difference between economic and non economic activity is that economic activity are activities in the economy that contribute to the Gross Domestic Product [GDP] of the Nation. I.E if you provide/produce a good or service in exchange for money. example: you grow apples and sell them at the market- this is economic activity. Non economic activity is just the opposite. Activity in the economy that does not affect GDP. My understanding is that it is essentially unpaid work. Like if you clean your house or mow your lawn and do not get paid for your time/efforts.
What actions can the government exercise to influence economic activity?
The government can influence the economic activity by increasing the amount of money in the economy. Some example have been stimulus checks and amended tax rates, that have happened in the past.
What is an example of Quaternary economic activity is?
An example of a Quaternary economic activity is research and development (R&D) in the technology sector. This includes activities such as software development, scientific research, and innovation in fields like biotechnology or renewable energy. These activities focus on knowledge generation and the application of advanced technologies, contributing to economic growth and development.
What is economically active?
Economic activity, is quite simply, the activity of the economy. It includes the growth and shrinkage of the economy and all factors that affect this (for example Aggregate Expenditure). It is commonly measured by the GDP (Gross Domestic Product) which is probably one of the most reliable economic indicator. Economic activity is the work that people do to enhance their quality of life. Economic activities include thing that people do to get, refine or use Natural Resources.
What are examples of typical economic decisions made by the managers of a firm. determine whether is an example of what how and when?
following are examples of typical economic decisions made by the managers of a firm. determine whether is an example of what, how, and when?
