Posts Tagged ‘Social Sciences’
Economic activity is a term with various interpretations. It relates to aspects that are entirely within the study of economics. It might also describe the participation of an individual in the economy or the activities undertaken by business organizations. Economic activity is a term that is often related to the use of natural resources.
General Economics
Economic activity in terms of economics describes the economic environment and the recent developments in the economy of a particular country. It includes considerations on economic factors, such as inflation, unemployment and competition. The economic activity of a country determines its participation and level of involvement in the global market. For example, the economic activity in the UK has been influenced by increasing inflation and deficit, which reduced the interest of foreign investors in the country.
Individuals
Economic activity in relation to individuals refers to the participation of people in the domestic economy. People that pay taxes, receive salaries, exercise demand and consumption over certain products and services are economically active. Their level of involvement in the economy depends mainly on their income. People with higher income are more economically active as they both pay more taxes and exercise higher levels of demand. Individuals who are unemployed rely on social benefits and produce negative economic activity as they do not contribute to the development of the domestic economy
Economic activity .-is the faculty that man has to work on things in nature to apply to the satisfaction of their needs, and is manifested by the whole order of the efforts and hard work to achieve that goal.
The activity is one, as one man’s end, and only we can make it class and distinction, calling it a moral, scientific and economic, etc. After having decomposed the total human fate in as many different aspects. This consideration is important because it shows the error of those who claim that economic acts are outside the general laws of activity and governed by a unique principle: profit, interest, etc.-economic activity, as addressed to a particular purpose, has settled into its application to the terms thereof, but the difference or variety of development does not touch, can not alter what is fundamental and relates to the subject and criterion of all human behavior.
Economic activity is subordinated to reason, is free, responsible, legitimate phone is the idea of absolute good applied to the order of material goods, and must be exercised with the sanction and the consent of the religious principle of moral duty, legal obligation and knowledge cientÃfico.-The self-love, interest and convenience are, here as always, nothing more than secondary principles.
The natural laws that govern the activity, not an efficiency gain special or different character, when it refers to the economic order are not fatal, not run by themselves, remain voluntary compliance and not enough to invoke them, but it is necessary obedecerlas. Economy-why not be reduced to the investigation of those laws to be asked to let them do, rather, is the main mission of our science in making the life accommodate to natural laws, determining what should be done to meet them.
Natural agents . – Under this name, although somewhat inappropriately, generally accepted, understood the things of nature, useful to mankind, on which rests the action of economic work.
Not everything that supports human life exists, for among the objects around us there are some who are against us, we even produce harm and our death. These objects can not be considered as natural agents, but not fall into that category all things that serve our needs.
Nature provides us means of two kinds: some are called continuous, in close communication with our body and use it without any effort on the activity, these are: air, light, heat and others who say discrete, separate of necessity, which must be applied to it by ourselves, like minerals, plants and most of the beings in the physical world.
Discrete media, such as charitable qualify some expensive because it requires as a condition of employment of labor, are they who are the natural agents in economics. However, it also means free use continuous or discrete and become natural agents, therefore, when applied to some services that do not pay them spontaneously: the air, used as the mill motor and the boat, or to ventilate a mine, the light for photography, are in this case.
In response to the different nature of the natural agents, often divided by economists in appropriate and inappropriate. The ones in effect, land mines, animals, etc.,-Susceptible not only to property but it is a condition necessary for its use, while others-the sea, electricity, etc.,-domain or reject any unique application, it would be useless, moreover, as there are in unlimited quantity and can meet at par all needs .
It’s called economic activity to any process by which we obtain products, goods and services that meet our needs.
Economic activities are those that allow the generation of wealth within a community (city, region, country) through the extraction, processing and distribution of natural resources or some service , having as its goal the satisfaction of human needs.
Each community is that their resources are limited and therefore to meet these needs must make a choice that incorporates an opportunity cost .
The economic activities cover three stages: production , distribution and consumption .
As the production depends on consumption, economics analyzes the behavior of consumers.
Some economic activities are agriculture , the livestock , the industry , the trade , the communications , among others.
The countries are used specifically in an economic activity which allows to classify, according to production capacity and efficiency of such activity will generate wealth.