English for Business Management
Most people work in order to earn their living.
They produce goods and services.
Goods are either produced on farms, like maize and milk, or
in factories, like cars and paper.
Services are provided by such things as schools, hospitals
and shops.
Some people provide goods; some provide services.
Other people provide both goods and services.
For example, in the same garage, a man may buy a car, or he
may buy some service which helps him to maintain his car.
The work which people do is called their economic activity.
Economic activities make up the economic system....
