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Economics and Business - Coggle Diagram
Economics and Business
Scams
How to protect yourself
Being scammed is obviously a bad thing to happen to someone. If you are ever unfortunately scammed it is important to learn from your mistakes. Some ways you can protect yourself is by:
- keeping your receipts
- keeping your bank cards safe
- don't click on suspicious links, emails and messages
- remember your passwords
and etc.
Types of scams
Romance scams
Romance scams is someone manipulating another person by thinking they have a trust/love relationship. They use them for their personal choices for example stealing their money.
Health scams
When a scammer offers a cheap healthcare products or medicines without prescriptions via an email or website. They make scams that "promise" to cure everything.
Clairvoyant scams
Scams designed to trick you into giving away your money, offering 'help' in exchange for a fee.
Key terms
Goods - A malleable item that can be sold, bought and traded.
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Scarcity - The demand for a good, but there is a limited amount
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Producers - A person, company or country that grows or supplies goods.
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