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They're two mains types of taxes:
1. Direct taxes
*Income tax: this is the             tax that people pay on their wages. The  higher their wages, the more tax they pay.
*Wealth tax: this is a tax that people pay on the things that they own, like their house and their savings. The more they own, the more they pay.

*Company tax:

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-Private sector:
All of the households and Private businesses in the Economy.
-Public Sector:
The part of the economy that is controlled by the Government . It can also be called the Government sector, or state sector

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-Household: They are all the people that live in the same house, normally a family.

-Buy and sell something or services.

-The Government: Includes central, regional and local government

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Is the work that PEOPLE do. They work for a pay or a salary

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There are 4:
1. Financial capital: it's the money needed to start and run a business.
2 .Physical capital: they're the physical things needed to make products and run the business.
3. Human capital: it's the knowledge and skills of employees.
4. Technological capital: they're the inventions.

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1º Rocks, metal,fossil       fuels...
2º Land (agriculture and buildings)
3º Forests
4º Wild animals

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They are all the things that we need to make a product.

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PRODUCER, CONSUMER, AND DISTRIBUTOR

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Economy is all related with the production, distribution and the consumption of products , but the most important thing is the process by which we buy and sell the products.