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Levels of Economic Activity
Table of ContentsDate Title Lesson #
9/16 Cover Page 10
9/16 Political Systems 11
9/18 Economics 12
9/21 Economic Systems 13
9/22 Levels of Economic Activity 14
1. Draw a line underneath your Economics page.
2. Write the title “Levels of Economic Activity”
• Economic Activities activities that create products that are bought or sold. – Examples: Fishing
Task Write three economic activities next to Examples: in your notebook.
Four Levels of Economic Activity
• Rich countries have 4 Levels of Economic Activity.
• Poor countries do not have 4 levels.
Four Levels of Economic Activity1. Primary2. Secondary3. Tertiary4. Quaternary
• PRIMARY - Process of extracting (getting) natural resources.
• Any country can extract their natural resources.
• Example Ozarka extracts water from a well.
Water Well
• SECONDARY – creating products out of the natural resource
• Example The Ozarka plant bottles and purifies the water they extracted.
• Task Choose a natural resource. Create a real-life situation that shows that resource going from the primary level to the secondary level.
Water Production – Is this a primary or secondary activity?
• TERTIARY - Providing professional services and the services required to distribute the products.
• Example Kroger sells you and I the water.
• QUATERNARY - Process of STUDYING a product research to improve on its production.
• Example Ozarka uses data from Utah State’s Water Research lab to increase their product’s purity.
Worldwide Bottled Water Consumption
Directions:
• You are now done with the notes portion of the lesson.
• Pick up a green sheet on the table in front of my desk.
• Complete the activities on the following slides on the green sheet.
Today’s Challenge – Economic Levels of Activity Outline
• Who can create the best plan and economic activity outline for his/her company?
• Choose a natural resource.
• Determine what product you will produce.
• Create a name for your company.
• Complete the chart on the green piece of paper for your natural resource.
Example
1. Resource: Water
2. Product: Bottled Water
3. Company Name: Orsarka
4. Complete the chart on the green page.
Natural Resources
• If you are struggling, choose from the list below. – Oil - Corn– Fishing - Diamonds– Tomatoes - Cattle– Wheat - Trees– Tobacco– You may also come up with your own natural
resource, but get it approved by me first.
• What is one product (good) you can make from your natural resource?