Geography: Economic Activity

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Questions and Answers

¿Cuál de los siguientes NO es un componente de la actividad económica?

  • Inflación (correct)
  • Consumo
  • Producción
  • Distribución

El sector terciario se refiere principalmente a la extracción de materias primas.

False (B)

¿Qué significa el acrónimo P.I.B.?

Producto Interior Bruto

El Índice de Desarrollo Humano (IDH) se compone de renta per cápita, esperanza de vida y ______.

<p>educación</p> Signup and view all the answers

Une los siguientes agentes económicos con su función principal:

<p>Familias = Consumir bienes y prestar trabajo Empresas = Producir bienes y servicios Estado = Producir bienes y servicios necesarios para toda la sociedad</p> Signup and view all the answers

¿Cuál es la función principal del Estado dentro de la actividad económica?

<p>Producir bienes y servicios necesarios para toda la sociedad (A)</p> Signup and view all the answers

La distribución se encarga de la utilización de los bienes.

<p>False (B)</p> Signup and view all the answers

¿Qué indica la renta per cápita?

<p>el nivel de ingreso promedio por persona en un país</p> Signup and view all the answers

Las familias son unidades de ______ básicos.

<p>consumo</p> Signup and view all the answers

¿Cuál de los siguientes describe mejor el objetivo de las empresas en la actividad económica?

<p>Beneficios (C)</p> Signup and view all the answers

Flashcards

¿Qué es Actividad Económica?

Set of activities carried out by people to satisfy their needs.

¿Qué es Producción?

Set of goods provided by economic activity.

¿Qué es Distribución?

Transfer and sale of products in accessible places like stores.

¿Qué es Consumo?

The use of goods provided by production.

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¿Qué son los Sectores Económicos?

Primary, Secondary, Tertiary, or service sector.

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¿Qué es P.I.B.?

Gross Domestic Product. It collects all the money movements in the country and it's the sum of all economic movement within the country.

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¿Qué es Renta per Cápita?

Economic indicator calculated by dividing GDP by the country's total population.

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¿Qué es I.D.H.?

Human Development Index. It's and indicator of the level of development of a country. (1/3 - Income per capita, 1/3 - Life expectancy, 1/3 - Education)

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Families (Definition)

Basic consumption units.

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Companies (Definition)

Basic goods and services production units.

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Study Notes

  • Geography studies economic activity, among other things.

Economic Activity

  • It is the set of activities carried out by people to satisfy their needs.

Components of Economic Activity

  • Production is the set of goods provided by the economic activity.
  • Distribution is the transfer and sale of the product at points of access such as stores.
  • Consumption is the use of goods provided by production.

Sectors of Economic Activity:

  • Primary.
  • Secondary.
  • Tertiary or service sector.

Indicators of Economic Activity

  • P.I.B. (Producto Interno Bruto) = GDP (Gross Domestic Product).
  • GDP accounts for all the movements of money in the country, along with all economic activity within a country.
  • Income per capita is an economic indicator that is calculated by dividing the GDP by the total population of the country (GDP/Population).
  • I.D.H. (Índice de Desarrollo Humano) = HDI (Human Development Index).
  • HDI is an indicator of the level of development of a country, and is 1/3 income per capita + 1/3 life expectancy + 1/3 education.

Economic Agents and Their Relationships

Families Companies State
Definition Basic consumption units Basic units of production of goods and services Unit of production and consumption
Function To consume goods and provide labor To provide goods and services to the community To produce necessary goods and services for society.
Objective To meet needs Benefits To satisfy social welfare
Source of Income Labor, land, and capital Selling more expensive or paying less in salaries Efficiency, Equity, and Stability

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