Economics How It Works And What It Is Children's History Book - Kids, Bold
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Various elements within our economy have conspired to destroy economic facts. The fact that the United States is the world's largest economy may not be the truth.Economic facts are used to study patterns of the past and present. Economics can be applied to businesses, individuals, and governments. The definition of economics is "the study of the relationship between the resources and activities of an economy.Economic facts are based on the supply and demand of goods and services. The supply of goods is limited by the cost of producing them. When the cost of producing things increases, the…mehr

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Produktbeschreibung
Various elements within our economy have conspired to destroy economic facts. The fact that the United States is the world's largest economy may not be the truth.Economic facts are used to study patterns of the past and present. Economics can be applied to businesses, individuals, and governments. The definition of economics is "the study of the relationship between the resources and activities of an economy.Economic facts are based on the supply and demand of goods and services. The supply of goods is limited by the cost of producing them. When the cost of producing things increases, the price of the good will rise as well. This is known as inflation. The supply of expensive commodities will also decrease when there is a decrease in demand.