ECONOMY VOCABULARY

• Primary sector : activities involved in obtaining resources directly from raw materials , which are agriculture, livestock, fishing,forestry and mining 
• secondary sector: activities involved in conveting raw materials into manufactured products or building houses and infrastructure.
• tertiary sector : activities that provide services to the population 
• Economic system : the way a country organises, produces . disributes and administers its material and human resources and the economic goods that these generate , in order to provide for high level of well-being 
• Economic activity : is what is carried out by humans in order to acquire goods that satisfy consumer needs.
• Economic goods: products and services generated by economic activity 
• Services :activities carried out by humans to benefit society 
• Rent : payment for the use of the land 
• profit : difference between what it cost to make something or provide service what it is sold for 
• Wages : payment for labor 
• Capital : is the money, buldings, and machinery and equipment used to produce goods and services .
• Entrepreneurship : is the risk-taking resource.
• Factors of production : the resources that are requiered for the generation of economic goods. 
• Price : cost of a product or services 
• resources : thing a person or country has that can be used or economic benefit 
• supply: goods and services that are available for sale 
• economic policy : action that goverment take to organize the economy 
• consumer: person who uses goods or services 
• Labour : mental and physical efforts of people applied to the production of goods and services .
• Economic agents: those elements that have a role in converting the factors of production into goods and servicies

PRIMARY SECTOR

                               

• Fir: Abeto
• Birch: Abedul
• Maple: Arce
• Ebony: Ebano
• Teak: Teca
• Mahogany: Caoba
• Cedar: Cebo
• Hevea: Alcornoque
• Hake: Merluza
• Whiting: Pescadilla
• Cod: Bacalao
• Anchovy: Anchoa
• Herring: Arrenque
• Octopus: Pulpo
• Trout: Trucha                                 
• Turbot: Rodabayo
• Salmon: Salmon
• Sea bream: Besugo
• Sea bass: Lubina
• Oysters: Ostras
• Clams: Almejas
• Mussels: Mejillones                                 
• Shrimp: Camarón
• Prawn: Gamba
• Lobster: Langostas
• Seaweed: Algas
• Sole: Lenguado
• Wheat: Trigo
• Sorghum: Sorgo
• Millet: Mijo
• Barbey: Cebada
• Oats: Centeno
• Soybean oil: Aceite de soja
• Peanut oil: Aceite de cacahuete
• Palma oil: Aceite de palma
• Hemp: Cañamo
• Sunflower oil: Aceite de girasol
• Avocado: Aguacate 
• Dates: Dátiles
• Chickpeas: Garbanzos
• Lentils: Lentejas
• Beans: Judías
• Peppers: Pimientos
• Cucumber: Pepino
• Sugar beets: Remolacha
• Soybeans: Soja
• Linen: Lino
• Sisal: Sisal
• Jute: Jute