Hello, thes are all definitions we have learned to today, of the unit 2.
Economy: It's the science that studies the activities human beings develop to fulfil their necessities.
Economic activities: It's these activities, can be divided into two groups:
- The activities that consist in producing goods.
- The activities tht consist in rendering services that people need or desire.
Market: It's the place where the people who supply products or services and consumers meet.
Market economy or capitalism: The economy system based on the market and the accumulation of capital in the hands of the capitalists.
- Capitalist: Owners of capital and means of production .
- Workers: They don't have capital and means of production. They have to work to survive.
Social economic system: There was another economic system, different from capitalism.
- Workers: They was the owners and they organize production collectively, the wealth is distributed equaly.
- State: It was the owner of the capital the means of producion and the organized the work.
Well, I think you are all, I hope you help.
Kisses.
3 comments:
Hello Carmen,
These are my comments about the definitions you have included:
- What are economic activities? Before writing the types, you have to define what economic activities are.
- Socialist economic system: You can include the workers in the definition.
- The last definition refers to centrally planned economies: this was a type of economic system based on socialist ideology where the State was the owner of the capital and means of production.
I think it would be a good idea that you put the words you have defined in bold and in capital letters. This way it will be easier to difference the defined word from its definition.
Review also the spelling mistakes: How do you write "propietarios" and "trabajadores" in English?
Please, don´t forget to read your classmates´ comments and correct what they indicate you.
Good work, Carmen.
I´ve forgotten to tell you that the picture you´ve included is fantastic! Good choice!
Please, change also the title of your post: Write something that shows that you have written the most important definitions we have learned till now.
Hello again Carmen,
You haven´t corrected the mistakes. It´s very important that you do it as soon as possible. I´m taking this into account for final mark of this term.
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