Commodities are raw Illa copper
, gold and aluminium. They are traded
10 minute
Homework
Activity 6
1. Indicate whether the following statements are true (T) or false (F):
a. The processes of production, exchange and consumption are triggered by human
wants.
of production, raw materials feature under land,​

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.