The extractive activities are all processes that involve the extraction of raw materials from the earth to be used by consumers. They consist of any o...
The productive activities are those that are related to the production, distribution, exchange and consumption of goods and services. The main objecti...
The distributive activities They are the group of activities associated with the supply of finished products from the production line to consumers. It...
The market price It is the real price at which a service or asset can be bought or sold in an open market, at a given time. Economic theory supports t...
The social market economy It is a socioeconomic model that combines a free market capitalist economic system with social policies, establishing fair c...
The dollar MUC, whose acronym means Single Exchange Market, it was a kind of currency created in Peru, with a value similar to the United States dolla...
The economic facts or economic acts they are factors that affect the natural development of the economy of a society. These events, also called econom...
The extractive industry It is any process that involves the extraction of raw materials from the earth to be used by consumers. This type of industry ...
The marginal rate of substitution (TMS) is the amount of a product that the consumer is willing to give up for another product, provided that the new ...
