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Erstellt von Mahogany Alajiah
vor mehr als 8 Jahre
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Economics
Wants vs. Needs
Scarcity
Factors of Production
Land
Labor
Capital
Entrepreneurship
Adam Smith
Capitalism
Free Enterprise System
Consumer Sovereignty
Private Ownership
Competition
Profit Motive
Laissez-Faire Economy
Trade-Off
Opportunity Cost
GDP
Circular Flow Model
Factor Market
Product Market
Specialization
Division of Labor