Section outline

    • The economy of a state is based on the economic activities of a state.
    • Economic activities are the different ways people use resources to produce goods and services.
    • Important economic activities of Michigan include manufacturing, agriculture, mining, and tourism.
    • Providing services like banking is also an important economic activity of Michigan.
    • One special kind of service is research and development. In this economic activity people produce leading to new or improved goods and services.
    • The location of economic activities is often connected to the natural and human characteristics of an area.