visible balance, It involves the physical goods., tertiary production, It involves services such as trade, transport, insurance, banking and financial services, communication and tourism., microeconomics, The study of smaller-scale choices made by individual consumers., economic indicators, Figures and tendencies showing the status of an economy., quality of life, The very subjective indicators of human happiness., balance of trade, It is the country's exports minus its imports over a certain period of time., primary production, It means the exploitation of natural resources., indirect production, It satisfies needs by using specialisation and division of labour., pie chart, It is a type of graph in which a circle is divided into sectors and each of them represents a proportion of the whole., secondary production, Manufacturing goods from raw materials and construction..

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