Economics
Economics
I. IDENTIFICATION
1. International Trades (Imports and Exports)
2. Retails and Services
3. Manufacturing
4. Agribusiness
5. Tertiary Industry
ASSESSMENT
1. What is the primary industry? Explain it with an example.
A primary industry is one that is focused with obtaining natural resources from the ground in order to
turn them into consumable products. Mining of natural resources such as wood, iron, coal, minerals,
agriculture, and even fisheries may all be examples. Primary industries are those that can provide the
raw materials needed by other industries. It is involved with the removal and gathering of naturally
occurring resources. The nice part about these materials is that they may be treated further to make
completed goods. The major industry accounts for a substantial portion of the economy in emerging
nations, as the economy is heavily reliant on it. The most fundamental example of employing
primary industry items is in the construction of your own home. When you try to adorn your house
with furniture, the construction team utilizes a variety of items that are connected to the primary
industry, for example, he made the furniture and the solid desk in your office out of wood from trees.
The major industry includes timber. If you see a river full of fish, keep in mind that fishing is a main
business, as is gardening if you want to raise your own vegetables. Cattle grazing on lush land,
miners digging and hauling coal out of mines, and trees that give us with oxygen are all instances of
primary industry.
Cotton is an example of a basic industry product, yet the clothes we wear are the result of both
secondary and tertiary industries.
Primary industry employees include farmers, miners, and grazers. Farmers cultivate and gather foods
such as wheat, rice, and barley, which are then removed off the farm and processed into finished
foods such as bread and sold in consumer markets.
The primary sector used to be the greatest source of employment in the old economic system, but it
has since been surpassed by the tertiary sector, which is also related to the most developed and
economically sound.
In the early stages of development, the primary industry is the most important for economic activity.
Every industry, on the other hand, has its unique significance and contributes considerably to a
country's economic growth and advancement.
3. How are all the three industries - primary, secondary, tertiary interdependent on each
other?
The economy's sectors (primary, secondary, and tertiary) are interconnected. Agriculture, fisheries,
dairy, and forestry are all part of the primary sector, which deals with natural goods. The secondary
sector refers to the process of converting natural goods into various kinds of production through
industrial activities. The tertiary sector offers services for the primary and secondary sectors'
production of commodities. Some vital services, such as teaching, health, law, and information
technology, may not directly contribute to the creation of commodities.
Janine Mae Balcueva 12 ABM Quarter 1 Module 4 Practical Research
PRE-TEST
1. F
2. F
3. T
4. T
5. T
Practical test 1
1. Coverage
2. Objectives
3. Excluded
4. Investigative
5. Variables
Practical Task 2
Practical Task 3
Practical Task 4
1. The study aimed to assess the level of implementation of Early Language, Literacy and Numeracy
Program in Talisay District schools.
2. The study aimed to assess the level of reading comprehension of the grade six pupils in Anita V.
Romero Elementary School.
Practical Task 5
1. What is the level of parental support systems towards the early linguistic education engagement of
the intermediate pupils of Batobalani Elementary School in terms of:
a. mentoring
b. monitoring of performance
c. financial support and
d. motivation?
2. What is the level of Oplan Kalusugan Program in Talisay District Schools in terms of:
a. school-based feeding program
b. National Drug Education Program
c. Adolescent Reproductive Health Education
d. water, hygiene and sanitation?
Post Test
1. D
2. B
3. A
4. B
5. B
Janine Mae Balcueva 12 ABM Quarter 1 Module 4
Activity 1
1. D
2. F
3. J
4. H
5. A
6. C
7. B
8. I
9. G
10. E
Activity 2
1. Current ratio – 2.42
2. Quick ratio – 1.5
3. Working Capital Ratio – P850,000
4.
Assessment I
Dale Merchandising
Statement of Financial Position
As of Years 2018 and 2019
2018 2019 Difference %
Cash 500,000.00 350,000.00 -150,000.00 -30.0%
Accounts 150,000.00 340,000.00 190,000.00 126.7%
Receivable
Inventory 200,000.00 515,000.00 315,000.00 157.5%
Equipment 800,000.00 1,400,000.00 600,000.00 75.0%
Total Assets 1,650,000.00 2,605,000.00 955,000.00 57.9%
Accounts 400,000.00 700,000.00 300,000.00 75.0%
Payable
Notes Payable 150,000.00 355,000.00 205,000.00 136.7%
Owner’s Capital 1,100,000.00 1,550,000.00 450,000.00 40.91%
Total Liabilities 1,650,000.00 2,605,000.00 955,000.00 57.9%
and Owner’s
Equity
It can be interpreted as: Net income for the year 2019 has increased by PHP 955,000.00, with a
percentage of 57.9 as compared to year 2018.
II
1. B
2. D
3. D
4. B
5. A