THE ECONOMY

Let's start this new topic with a new THINKING ROUTINE. The name of it is QUICK WRITE / QUICK VIEW. In the following graphic organizer you have two do to things a picture about what come to your mind if you think about the new topic: ECONOMY and in the other part you will write short sentences and a few ideas about the same thing. You will have four minutes to finish it. Then we will share ideas with the whole class.

Let's have a look to the next video as an introduction of the topic. Maybe you will need to review what is RAW MATERIAL. After watching the video I want you to answer these questions.

  • What's the process for raw material from Primary to Tertiary Sector?
  • Could you tell me one operation of each sector?

WORK

It refers to the many productive activities which people do, usually for money.

We can have:

  • Active population: includes all the people who can work. The ones who are working and the ones who are unemployed.
  • Inactive population: The people who can't work: Children, retired people or disabled people.

PRIMARY SECTOR

Raw material is obtained in the Primary Sector.

SECONDARY SECTOR:

Natural resources are transformed into products.

  • Manufacturing industries: they transform raw material into products.
  • Consumer industries: manufacture products such frozen vegetables.

SERVICE SECTOR:

All the bussinesses that provide servicies like schools or tourism.

  • Private services: They are controlled privately.
  • Public servicies: they are controlled by the state or the local goverment.

LET'S PLAY AND PRACTICE WHAT YOU HAVE LEARNT