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Economic Activities
Term | Definition |
---|---|
Primary Economic Activity | Primary economic activity involves taking natural resources from the land or the sea. |
Renewable resources | Renewable resources are resources that can be used over and over again |
Non-renewable resources | Non-renewable resources are resources that can only be used once.Non-renewable resources will eventually run out. |
Hydroelectric Power | Hydroelectric Power is created using the power of falling water. A dam is built across a river to trap the water. When part of the dam is opened the water rushes in. The water is used to turn a turbine which creates electricity |
Secondary economic activity | Secondary economic activity involves raw materials and making them into a finished product or semi-finished product. |
Inputs | These are the things that we need to put in at the start of a system. |
Processes | These are the things we do to the inputs to turn them into semi-finished or finished products. |
Outputs | These are the finished products that leave the system at the end. |
Labour | This the workforce involved in a system. |