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Economic Principles
Economic Principles
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Economic Principles Facts


What exactly is scarcity? What is a trade-off? What is an opportunity cost? Do even wealthy people and wealthy nations have to deal with scarcity and accept trade-offs? By resources, do you mea...


Asset Capital (Factor of Production) Entrepreneurship Factors of Production Gross Domestic Product (GDP) Income Labor (Factor of Production) Land (Factor of Production) Lorenz Curve Market...

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