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The top documents tagged [physical capital human]
Factors of Production (Factor Resources) What is required to make goods and services in an economic system? Also known as the “means of production”
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Chapter 1 Basic Economic Concepts I WON THE LOTTERY! I ’ ll give you anything you want other than money. What do you want? Would your list ever end? Why
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Basic Econ Concepts
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Scarcity and the Factors of Production. Scarcity and Choice Need- something like food, air, shelter, water (necessary for survival) Want- item we
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