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Economic Framework (Factors of Production (Enterprise (Brings together…
Economic Framework
Factors of Production
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Enterprise
Brings together land, capital and labour
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Economic Growth
Occurs when there is an increase in the amount of goods and services produced in a country from one year to the next
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Benefits
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More money available for social welfare, health and education
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Economics
The study of how individuals, business and government with scare or limited resources
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