Friday, February 17, 2012

Economic institutions


Economic institutions
Is the institution that serves to meet the needs of human life in terms of livelihood, production, and distribution. 

Economic activity consists of: 
a. Production activities 
Production activities are intended as an activity that can produce something or goods that are useful for human life, of which there is no being. 
b. Distribution of goods and services 
Distribution channel is the activity of producing goods and services (producer) to consumers with the means of transportation, whether by land, sea, or air. 
c. Consumption activities 
Consumption activities in the community is using, exploiting and using goods and services in meeting the needs of life which is useful for survival.

Economic institutions

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