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Selling
Goods and Services
satisfy our needs
Production
Consumer
Producer
-is a person who uses productive resources to produce goods and services.
Community level
Individual level
Quantity and Quality of resources
Production
How to produce
What to produce
How much to produce
For whom to produce
4 Rs to reduce garbage
Reuse
Repair
Recycle
Reject
Entrepreneur?
Labour
Land
Capital
Reduce waste
Reduce using resources
Educate people on the importance of resources
Plan resource utilization
1. Reducing
2. Reusing
3. Recycling
4. Rejecting
5. Repairing
Buying
Giving goods and services in exchange of money
Receivingฑำแำรอรืเพฎ goods and services in exchange of money