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Nat 5 Economics Guaranteed Success
The basic economic problem ️️the mismatch of unlimited wants and needs and limited resources.
Why do we have unlimited wants ️️greed, successful advertising and innovation
Why do we have limited resources ️️Scarcity of goods cause limited resources
What the difference between a need and a want? ️️- A need is something you need for survival eg.
Food and water - A want is something that makes ur life more pleasant (luxury) e.g TV and pho...
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