Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
6 Cards in this Set
- Front
- Back
Consumer goods
|
the physical and tangible goods sold to the general public. They include cars and washing machines, which are referred to as durable goods. Non-durable consumer odds include food, drinks and sweets that can be used once
|
|
Consumer service
|
non-tangible products that are sold to the general public and include hotel accommodation, insurance services and train journeys
|
|
Capital goods
|
physical goods that are used by industry to aid in the production of other goods and services such as machines and commercial vehicles
|
|
Primary sector business activity
|
firms engaged in farming, fishing, oil extraction and all other industries that extract natural resources so that they can be used and processed by other firms
|
|
Secondary sector business activity
|
firms that manufacture and process products from natural resources, including computers, brewing, baking, clothing and construction
|
|
Tertiary sector business activity
|
firms that provide services to consumers and other businesses, such as retailing, transport, insurance, banking, hotels, tourism and telecommunications
|