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?