Economic System | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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How many phases are there in the industrial revolution

Say three activities in the primary sector

Crop farming, livestock farming, fishing, mining, silvicure.

Explain the tertiary sector.

Businesses sell the products and services

Explain the Secondary Sector

We transform the raw materials into manufactured products

Explain the Primary sector

We obtain raw materials or natural products

What are the three economic sectors

Primary sector, secondary sector, tertiary sector

What are the three factors of production?

Natural resources, Labour and capital

What are the three economic agents in economy?

Households, businesses and state