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10 Principles of Economics Economics Economy- comes from the Greek word for one who manages a household Households and economies have a lot in common Households ...
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ECONOMICS CHAPTER 5, SECTION 1-THE PRICE SYSTEM I. The Price System A. The price system allows producers and consumers to communicate to each other, balance supply ...
Economics Vocabulary Economy- A system for producing, and distributing goods and services to fulfill peoples wants (needs) Vocabulary Capitalism - Free Enterprise or ...
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