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term 4 - Coggle Diagram
term 4
concepts
interdependence
making choices
economic performance and living standards
allocation & markets
scarcity
specialisation & trade
making choices
australia and the global economy
innovation & competition
ways to be initiative
ways to gain a competition advantage
economic system
traditionalmaking choices
Capitalist
Socialist
Market
Planned
Global supply chain
transnational corporation global event
outsourcing
minimising financial risk
saving and investing