2. Warm-up- What does scarce mean?  Scarce is when you _____ have enough of something. In regions with hunger/famine food is scarce.

3. Levels of Economic Activity How This..Becomes This!

4. Primary – Activities involved in removing natural resources from the environment; such as farming, fishing, lumbering, and oil drilling. 1st Level of Economic Activity

5. Primary = Agriculture The raising of crops and animals for human use. VOCABULARY # 1 1st Level of Economic Activity

6. Secondary – Activities that process raw materials into products that consumers (people) want or other businesses can use. 2 nd Level of Economic Activity

7. Manufacturing = secondary Factories make products for people to purchase VOCABULARY # 2 2nd Level of Economic Activity

8. Level 3: Wholesale  When a business owner buys goods or materials he or she shops from a wholesaler.  They sell to a retailer who sells to consumers.

9. Level 4: Retail  When we, the consumers, buy goods or materials we shop at retail stores.

10. What does scarce mean?  Scarce is when you do not have enough of something. In regions with hunger/famine food is scarce.

11. Where do Hershey Kisses come from?

12. Primary FIRST the farmer or crop workers must harvest the cocoa beans. 1st Level of Economic Activity

13. Secondary SECOND the factory worker transforms the beans into chocolate drops. 2nd Level of Economic Activity

14. Level 3: Wholesale  The Store Owner buys goods or materials he or she shops from a wholesaler.  They sell to a retailer who sells to consumers.

15. Level 4: Retail  Then the consumers, buy goods or materials when we shop at retail stores.

16. services  Doctor, Model, Teacher, Salesman, Lawyers, Principals, Policemen, Firemen, Emergency Medical Trained Firemen, Emergency Medical Trained Professionals… Professionals…  Can you name any more?

17. Thinking About It For the following slides decide which of the four economic activities is represented. Also be prepared to tell why.

18. lobsterman Primary – He takes lobsters from the oceans.

19. model – She provides a service for magazines and catalogue publishers.

20. news anchor

21. hair stylist

22. accountant

23. lumberjack PRIMARY Why?

24. metal worker SECONDARY Why?

25. server

26. chef SECONDARY Why?

27. rancher PRIMARY Why?

28. cab driver

29. astronaut

30. principal

31. LEFT SIDE ACTIVITY: From Farming to Factories… Turn over your paper and give examples of each level next to the definition. * Be creative and make up your own example, not something that we have mentioned.