Eco-Friendly Lifestyle

  What is an Eco-Friendly Lifestyle? How to Live in an Eco-Friendly Lifestyle? meet two by Nadine G. Tumbelaka Social Studies ~ Prices and Markets Source: https://www.vox.com/future-perfect/2020/4/15/21219222/coronavirus-china-ban-wet-markets-reopening What is Price?      Price is the exchange rate of an item expressed in money. If there is no price, there is no money. Price/value is divided into two, namely: Subjective Value  - an estimate of a good or service that will be bought and sold. Usually, this subjective value is based on the opinions and views of each seller. Objective Value/Market Price  - the price agreed upon by the seller and the buyer, the cost of goods or production costs, the selling price. In other words, this objective value is based on the data obtained. Consumer and Producer Prices Consumers: the more stock there is, the cheaper the item to buy Producers: the more goods, the more expensive the goods sold so that the goods are pro...

What is Happening in This World? What is an Eco-Friendly Lifestyle? meet one by Nadine G. Tumbelaka Social Studies - Interdependence Between Space in Economic Concepts Source: https://barbadostoday.bb/2020/11/20/btcolumn-that-messy-economics-part-2/ 1. PRODUCTION  What is a production activity?       Production is creating/adding to the use of a good or service so that it is more useful in meeting needs. Production factors are the key to ongoing production activities. The word "create" means making something new which is never found out before. example: unknown/non-existent drone > drone creation The word "add utility" is an addition to an existing form or quality. example: wheat > processed into bread    Production activities can be carried out in urban and rural areas. Urban production is more about creating, and more independent of, natural resources. Meanwhile, village production is more directed towards natural resources. Therefore, it ...