chapter 1 slideshow
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Chapter 1: Economic SystemsMarissa Doria
Block 3
Wants and Needs
• WantsiPod, Vacation, Mercedes
• NeedsShelter(House), Car, Food, Water
Goods
• Things that you can see and touch
Services
• Activities that are consumed at the same time they are produced
Natural Resources
• Agriculture, Water, Trees and Oil
Human Resources
• Machinery, Entrepreneurs and cleaner
Capitol Resources
• Buildings, equipments and supplies
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