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Primary needs
1. Food and water
2. Air to breath
3. The chance to rest
Primary neccesities
1. food and water
2. air to breath
3. Chance to seep
Primary necesities
1. Food and water
2. air to breath
3. chance to sleep
secondary needs
1. shelter
2. confort
3. reationships
Factors of production
1. Capital
2. natura resources
3. labour
Natural resources
1. renewable resources
2. non-renewable rosurces
renewable resources
1. they can be virtually inexhautibe
  1. water
  2. wind
2. they may need a time to regenerade
  1. flora
  2. fauna
non-renewable resources
1. oil
2. iron ore
Human capital
1. physica capital
2. human capital
3. financial capital
economic agends
1. households
2. goverments
3. businesses
basic economic issues
1. how to produce
2. for whom
3. what to produce
factors of a socieconomic system of capitalism
1. private ownership
2. investment of capital
3. free market
the state
1. makes
  1. a number of forecast
2. determinates
  1. what to produce
the state decides
1. how a good or service wi be produced
2. who it wi be produced for
taxes
1. investing in publlic good and services
2. social security benefits
3. other kinds of support

Resource summary

	Created by CAROLINA GUTIERREZ GARCIA over 4 years ago