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Economics (Money (Selling, Trading, Buying, Income, Taxes, Currency,…
Economics
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Needs
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Examples are: Medical treatement, food, water, shelter, etc.
Wants
A want is something that you really want to have, usually for entertainment but do not need to survive
Examples are: T.V, video games, junk food, fancy food, beauty products, etc.
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The branch of Knowledge concerned with the production, consumption and transfer of wealth
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