Identify the four essential economic activities, Microeconomics

Assignment Help:

Identify the four essential economic activities.

The four main economic activities are:

a)  resource maintenance,

b)  production,

c)  distribution, and

d) consumption.    

 


Related Discussions:- Identify the four essential economic activities

Examine the role of foreign direct investment, Examine the role of foreign ...

Examine the role of foreign direct investment (FDI) for developing countries Explanation of foreign direct investment as the direct ownership of capital in another country by a

Income elasticity of demand, what are the practical importance of income el...

what are the practical importance of income elasticity of demand?

Calculates benefit cost ratio using current dollars, When there is a positi...

When there is a positive expected rate of inflation (i.e., an expected and sustained increase in the levels of all prices), the Benefit Cost Ratio of a proposed project will take o

Composition of trade, Composition of Trade: It is indicative of the st...

Composition of Trade: It is indicative of the structure and level of development of an economy. For instance, most of the UDCs depend for their export earnings on a few primar

Axioms - consumer choice involving risk, Axioms: It is possible to con...

Axioms: It is possible to construct a utility index which can be used to predict choice in uncertain situations if the consumer conforms to the following five axioms:  • A

2nd year chapter 3, why s-block elements are powerful reducing agent?

why s-block elements are powerful reducing agent?

Price Elasticity of supply, Explain the difference between elastic and fixe...

Explain the difference between elastic and fixed supply

Role of marginal propensity to consume in accounting for gro, how can we br...

how can we bring in the marginal propensity to consume

Inflation, Inflation is not possible under the gold standard.” Is this stat...

Inflation is not possible under the gold standard.” Is this statement true, false, or uncertain? Explain your answer.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd