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UNIT 4
THE ECONOMIC ORGANIZATION OF SOCIETY
Teacher:
Pau Tobar
2
CONTENTS
● Capitalism and social classes
● Capitalism and crisis
● Production, distribution and
consumption
● Factors affecting production: natural
resources, labour, capital and technology
● Economic agents: people, public sector
and companies
● Economic sectors: primary, secondary
and tertiary
● Population and work
3
CAPITALISM AND SOCIAL CLASSES
Answer these questions:
a) Use the outline to define capitalism.
b) Define the main classes in capitalism.
4
CAPITALISM
AND CRISIS
Use the outline to
answer these questions
a) Find out and explain
the economic meaning
of these concepts:
private initiative,
competition law and
Law of supply and
demand.
b) Define:
Overproduction,
Collapse,
Unemployment and
Decrease in demand.
5
●
Define: Output,
Profit fall, Profit
rise, Recovery,
Boom,
Recession and
Depression.
●
Write a
composition
explaining the
“Boom and bust
cycle”.
CAPITALISM
AND CRISIS
6
PRODUCTION, DISTRIBUTION
AND CONSUMPTION
●
What was the last
thing you bought in
a shop?
●
Draw a timeline
that represents
that product’s
journey from the
beginning to the
end. Use the
concepts showed in
this slide.
7
FACTORS AFFECTING PRODUCTION:
NATURAL RESOURCES, LABOUR, CAPITAL
AND TECHNOLOGY
Activity: Summarize the key ingredients for the production of goods
8
ECONOMIC AGENTS:
PEOPLE, PUBLIC SECTOR AND COMPANIES
●
Write a
composition
explaining the
economic circuit
and the existing
relation between
the three
economic
agents.
9
ECONOMIC SECTORS:
PRIMARY, SECONDARY AND TERTIARY
10
TEST YOURSELF
●
Complete the table using the following jobs:
farmer, factory worker, lumberjack, massage
therapist, machine operator, clerk, stockbreeder,
bricklayer, shop assistant, miner, doctor, fisher.
SECTOR JOB
PRIMARY
SECONDARY
TERTIARY
11
ECONOMIC SECTORS:
PRIMARY, SECONDARY AND TERTIARY
Activities:
●
What percentage of the Active Population in our city
work in…?
a) The primary sector
b) The secondary sector
c) The tertiary sector
●
Which economic sector prevails in our city? Why?
12
THINK ABOUT IT
●
What does tax mean?
●
How are our taxes spent?
●
Imagine what would happen if there
were not any taxes. Write a composition
explaining what kind of problems could
occur.
13
TAXES AND PUBLIC SPENDING IN SPAIN
●
What are the most important outlays in the Spanish State
budget?
●
How are these outlays defrayed?
14
POPULATION AND WORK
Activities:

Explain the differences between Active and Inactive Population.

Explain ther difference between employed and unemployed
people.

What kind of people are considered Inactive Population?
15
INVESTIGATE!
What do Spanish
people do?
●
How many people
would be
considered Active
Population?
●
How many people
would be
considered inactive
population? (Trick
question!)
●
Calculate the
percentages of
each group of
people in the chart.
16
UNEMPLOYMENT IN SPAIN
Answer these questions:
●
What percentage of the active
population are unemployed?
●
Describe the conditions needed to
get the Unemployment Benefits in
Spain.
●
How are Unemployment Benefits
paid in Spain?
17
GENDER SALARY GAP IN SPAIN
Answer these questions:
●
Describe the gender salary gap in Spain (wages and pensions).
●
Find out the reasons of this salary gap and write a composition
explaining them.
18
UNEMPLOYMENT IN EUROPE
Answer the questions:
●
What European regions
have the lowest
unemployement rate?
●
What European regions
have the highest
unemployement rate?
19

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The economic organization of society

  • 1. 1 UNIT 4 THE ECONOMIC ORGANIZATION OF SOCIETY Teacher: Pau Tobar
  • 2. 2 CONTENTS ● Capitalism and social classes ● Capitalism and crisis ● Production, distribution and consumption ● Factors affecting production: natural resources, labour, capital and technology ● Economic agents: people, public sector and companies ● Economic sectors: primary, secondary and tertiary ● Population and work
  • 3. 3 CAPITALISM AND SOCIAL CLASSES Answer these questions: a) Use the outline to define capitalism. b) Define the main classes in capitalism.
  • 4. 4 CAPITALISM AND CRISIS Use the outline to answer these questions a) Find out and explain the economic meaning of these concepts: private initiative, competition law and Law of supply and demand. b) Define: Overproduction, Collapse, Unemployment and Decrease in demand.
  • 5. 5 ● Define: Output, Profit fall, Profit rise, Recovery, Boom, Recession and Depression. ● Write a composition explaining the “Boom and bust cycle”. CAPITALISM AND CRISIS
  • 6. 6 PRODUCTION, DISTRIBUTION AND CONSUMPTION ● What was the last thing you bought in a shop? ● Draw a timeline that represents that product’s journey from the beginning to the end. Use the concepts showed in this slide.
  • 7. 7 FACTORS AFFECTING PRODUCTION: NATURAL RESOURCES, LABOUR, CAPITAL AND TECHNOLOGY Activity: Summarize the key ingredients for the production of goods
  • 8. 8 ECONOMIC AGENTS: PEOPLE, PUBLIC SECTOR AND COMPANIES ● Write a composition explaining the economic circuit and the existing relation between the three economic agents.
  • 10. 10 TEST YOURSELF ● Complete the table using the following jobs: farmer, factory worker, lumberjack, massage therapist, machine operator, clerk, stockbreeder, bricklayer, shop assistant, miner, doctor, fisher. SECTOR JOB PRIMARY SECONDARY TERTIARY
  • 11. 11 ECONOMIC SECTORS: PRIMARY, SECONDARY AND TERTIARY Activities: ● What percentage of the Active Population in our city work in…? a) The primary sector b) The secondary sector c) The tertiary sector ● Which economic sector prevails in our city? Why?
  • 12. 12 THINK ABOUT IT ● What does tax mean? ● How are our taxes spent? ● Imagine what would happen if there were not any taxes. Write a composition explaining what kind of problems could occur.
  • 13. 13 TAXES AND PUBLIC SPENDING IN SPAIN ● What are the most important outlays in the Spanish State budget? ● How are these outlays defrayed?
  • 14. 14 POPULATION AND WORK Activities:  Explain the differences between Active and Inactive Population.  Explain ther difference between employed and unemployed people.  What kind of people are considered Inactive Population?
  • 15. 15 INVESTIGATE! What do Spanish people do? ● How many people would be considered Active Population? ● How many people would be considered inactive population? (Trick question!) ● Calculate the percentages of each group of people in the chart.
  • 16. 16 UNEMPLOYMENT IN SPAIN Answer these questions: ● What percentage of the active population are unemployed? ● Describe the conditions needed to get the Unemployment Benefits in Spain. ● How are Unemployment Benefits paid in Spain?
  • 17. 17 GENDER SALARY GAP IN SPAIN Answer these questions: ● Describe the gender salary gap in Spain (wages and pensions). ● Find out the reasons of this salary gap and write a composition explaining them.
  • 18. 18 UNEMPLOYMENT IN EUROPE Answer the questions: ● What European regions have the lowest unemployement rate? ● What European regions have the highest unemployement rate?
  • 19. 19