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Economic system - Coggle Diagram
Economic system
capital goods
tools
machines
long-term investments
production
economic growth
GDP
profit
technology
hight avarege standard of living
market
supply
demand
perfect market
consumers attention
competition
equilibrium price
consumers
marketing
price strategy
monopoly
only ONE seller
hight price
natural monopoly
legal monopoly
natural resources
raw materials
resources
ecology
environment