Economy Words
Needs are?
An item or need required for survival ; the things you cannot live without.
What is The definition of sustainability?
The management of the worlds resources that resepcts the enviroment and treats the people of the world ethically.
What is an industry?
A part of the economy that makes items or provides services
A natural resource
Any resource that can be used by humans that occurs in nature
What is something you learnt in this unit
Any thing you learnt in this unit
Goods are?
The physical item that is extracted ,grown ,or manufactured
The businesses or individuals who purchase the goods or services in our communities
Is a definition of?
A consumer
A primary industry is?
The production or extraction of raw goods from the environment
-Examples of Primary industry
Farming agriculture forestry fishing mining
What are the three pillars of sustainability ?
Environmental social economic
Wants are?
An item or need that makes life comfortable but you can survive without.
The businesses or individuals who provide goods and services in our communities
Is the definition of?
A producer
Secondary industry is?
The transfer of raw materials into finished products.
Examples of secondary industry
manufacturing Crafts construction
What are three differences between life in Canada and other places
Housing chores/work community recreation family living arrangements
Services are?
The action of doing a task for another person or business.
Consumer choices are?
The choices we make when purchasing goods and services
Tertiary industry is
The industries that offer services to people in communities
Examples of tertiary industry
Healthcare education retail banking utilities
What are the five factors of the quality of life?
Prosperity health society governance environment
The resources or wealth of a country or region
Is the definition of?
Economy
Budget Preferences/Quality Sustainability
Are examples of?
Consumer choices
Gross domestic product is?
The value of goods and services within a country during a particular time period. The health of the economy is often gauged by a country's GDP
How does technology impact peoples quality of life
technology makes peoples lives easier in many ways. It also provides opportunities to people
What is this unit about?
Communities reasources wealth our economy in Canada