Educational Resource — Secondary Education Social Sciences — 2. Economic activity and geographical area

Economic activities are the processes by which goods and services are created, based on factors of production, which meet the needs of consumers. Economic activities are divided into: primary activities (extraction of natural resources), secondary activities (transformation of natural resources into goods) and tertiary activities (providing services to the population). The resources we use are limited and therefore there must be priorities when choosing what to produce, how much to produce, how to produce it and how to distribute it.