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Economics - Coggle Diagram
Economics
needs and want
s
Needs: things we need to live
water
shelter :
food
Wants: things we want to improve our lives
phone
designer clothes
fast car
consumers & producers
consumers
producers
goods & services
goods: physical items that consumers get in exchange for money
Ducati motorcycle
Sony Playstation
fruit and vegetables
services: actions that are performed for consumers in exchange for money
banking
carwash
haircut
