It is very difficult to say exactly what is covered by the term 'economic and social activities'. The term has to be understood in the context of man's economic activities and of his social activities. That is to say, though economic activities and social activities impinge on each other and are interconnected, those two types of activities have to be considered separately for the purpose of discussing whether they have always been conditioned by the physical geographical environment.
The term 'economics' is derived from the Greek oikwnene - 'household' - and every housewife performs an economic act when she decides how to spend her family budget. Even Robinson Crusoe on his desert island had to allocate his time between fishing, planting crops, or building his house and how to ration the limited supplies he had salvaged from his ship. Robinson Crusoe, however, lived in a very simple economy. Until Man Friday appeared, he had to do everything himself. Today economic activity is specialised and co-ordinated through markets in all but the subsistence economies in the least developed parts of the Third World where families grow their food and make what else they need.
In economic terms a market is not only a particular place where people buy and sell, such as a fish or fruit market, but also includes all those who are in contact with sellers and buyers of particular goods and services and can bring them together.
What is important to note is that any economic activity aims at production of wealth to meet man's needs. In his primitive days man hunted and found food for himself; food to him was wealth, and that was what he needed. He depended on his environment for the kind of animals he could hunt for food. Later, when man began to till the soil, he cultivated only those plants that the soil of the region in which he lived was suitable for. So, he grew rice, wheat or other cereals, depending on the nature of the soil where he pursued his agricultural activity.
As years passed by he found that certain items which he did not have he would be able to get from other places through a system of barter. That is to say, his economic activity got linked with the economic activity of people from other regions because of the scarcity of certain items he was in need of. The barter system gave way to selling and buying for money.
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Monday, 15 June 2009
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