ACTIVITIES Fill in the Blanks. Write the most APPROPRIATE WORD OR STATEMENT referred to in the following definitions on the space provided before each number. 1. Factors that include all transactions that the business has to interact with comprising land, labor, capital, technology, among others. 2. An activity which makes one's living or makes money by manufacturing, developing, buying and selling products (goods & services)? 3. . Taxes paid by business enterprise which are considered a component of production cost because it is added to capital outlay of the business in the operation 4. The dollar exchange rate in the economic transactions directly affect the exports and imports cost of products. 5. Provides permits, security, and protection policy to businesses. 6. refer to the use of goods and services to satisfy the basic needs and wants of consumers. 7. are the persons who buy the products business offers for sale. 8. 9 The three main socio-economic status of buyers or consumers 10. II. A. Recall any businesses you know which are operating in your locality. Name at least 5 different kinds of these businesses and write them down on the table below and indicate what particular products they are selling. Name or Kind of Business Product Sold 1. 2 3 A