Economic organisation of societies

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Economic organisation of societies by Mind Map: Economic organisation of societies

1. Economic Agent

1.1. state

1.2. People

1.3. Private sector

1.4. In economics, an agent is an actor (more specifically, a decision maker) in a model of some aspect of the economy. Typically, every agent makes decisions by solving a well- or ill-defined optimization or choice problem.

2. Economic sectors

2.1. Primary

2.1.1. Agriculture

2.1.2. Forestry

2.1.3. Mining

2.1.4. Fishing

2.1.5. involves the retrieval and production of raw materials, such as corn, coal, wood and iron.

2.2. Seconary

2.2.1. Construction

2.2.2. Industry

2.2.3. involves the transformation of raw or intermediate materials into goods e.g. manufacturing steel into cars, or textiles into clothing.

2.3. Terciary

2.3.1. goods+servis

2.3.2. involves the supplying of services to consumers and businesses, such as baby-sitting, cinema and banking.

3. Economic systems

3.1. Capitalist

3.2. plannetd economi

3.3. subsistence econ

3.4. actenatives

3.5. alternative

3.6. Raw materials

3.7. Labous

3.8. Energy Sauce

3.9. capital

3.10. An economic system is a means by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country. Economic systems regulate the factors of production, including land, capital, labor.