Production Systems
Economists often group economic activity into sectors: the primary sector extracts raw materials directly from nature, like farming, fishing, and mining; the secondary sector manufactures those raw materials into finished products; and the tertiary sector provides services rather than physical goods, like retail, banking, and education. As countries develop, employment usually shifts from being primary-sector-heavy toward secondary and then tertiary sectors, though every country's economy still includes a mix of all three.
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Midterm
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This final covers a lot of topics, so it's split into 2 parts. Each part includes a question from every one of its topics.
Final, Part 1 of 2
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Final, Part 2 of 2
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