Economic Sectors
Name the economic sectors
Primary sector, secondary sector, tertiary sector
Which two types of fishing are part of the primary sector of Spain?
Before paper and metal money, people used to ___________, or trade, to get what they needed.
barter
Which economic sector is the largest in Europe, Spain, and Andalusia?
Tertiary
The primary sector is where ________________.
Producing energy resources, renewable and non renewable, is part of the ________ sector in Spain.
Secondary
Expenses that you pay every month are __________ expenses.
fixed
Europe is the number one __________ destination in the world.
tourist
The secondary sector is where ________________.
the resources are transformed into products.
Give an example of a business that works in the tertiary sector in Spain
Hotel, museum, supermarket, restaurant, hair salon etc...
Give an example of a variable expense.
Leisure spending - vacation spending
What are three ways to classify businesses?
Economic sectors
Size
Ownership
Activity
Funding
Arable and livestock farming are both in the ___________ sector.
Primary
Give an example of a business in the secondary sector in Spain.
Olive oil factory, any factory, building infrastructure, handmade crafts
Give an example of an unexpected expense. What is money that is put away to be spent later, sometimes on unexpected expenses, called?
Any accident, illness or car break down. Savings.
Why do companies advertise?
To sell their goods, or convince people to buy them.
Tourism and transportation are both in the _____________ sector.
tertiary.
Give an example of a business in the primary sector in Spain.
Arable and livestock farming, mining, fishing, forestry
How do we pay for things? What ways can we pay for the things we need?
Cash, credit cards, online, banks, atms.
What is ethical consumption? How is it different than other ways of consuming?
Ethical consumption is based on real needs, not desires. Ethical consumption is better for the planet and the people working to produce the goods.