2.1: Being part of the economy

are entreprenuers an active part of the economy

yes because they run a business

what do businesses do

they provide goods and services to satisfy customer needs

what are customer needs

buying something, as well as support/service for it

do only individuals have needs

no businesses also have needs like manufacturing, raw material

do individuals exchange goods and services with each other

yes through barter or informal trade systems

were tina and steve a part of the economy before starting their business

yes as individuals who bought goods and services

are resources in abundance

no they are scarce and need to be managed

how can exchange be easier

if all we wanted or needed was available in abundance

does everyone need to economise

yes