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Econom

vocab

QuestionAnswer
What is land? - A area where resources are grown for the goods
What is Labor? The work employees offer to the job
the Health, strength, education, training that people bring Human Capital
Manufactured items that produce goods Physical Capital
Want What a consumer request but not needed for survival
Need Resources you need for survival
giving up one thing for another Trade-off
Created by: wentworthc
Popular Management sets

 

 



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