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Daily Warm up Question (use your Cornell Notes) Why are some countries rich and others poor? Look at the map and write a well thought out paragraph using
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The Three Key Questions for Economic Systems. Why are some countries rich and others poor? Low, Middle and High Income
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Economics Economics is.. The study of the ways in which man organizes himself for the production and distribution of goods and services. (In the US we
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THE MARKET ECONOMY The Industrial Revolution. The answer to our question seems to lie in the political and legal institutions of each nation Rule
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Or… Production Possibilities Curve (PPC ) Production Possibilities Frontier (PPF)
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