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economics
Term | Definition |
---|---|
production | process of changing natural resource of land to consumer satisfying consumption; making of |
resource | the labor, capital, land ,and entrepreneurship. labor work capital tools cars machines. entrepreneurship taking risk |
globalization | development of a world culture and interdependent. |
interdependence | when coutries depend on other places for goods. |
maximizing | most money out of it. |
other products | already made the shipped |