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GCSE
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More cards in this set
Card 6
Front
the shortage of resources in relation to the quantity of human wants
Back
Card 7
Front
can be tested with facts
Back
Card 8
Front
produce output of goods and services to maximise profits
Back
Card 9
Front
items which are naturally in abundant supply
Back
Card 10
Front
reward for enterprise
Back
Card 11
Front
demand and spend money on goods and services
Back
Card 12
Front
goods that can be used in the production process
Back
Card 13
Front
someone who takes risks, innovates and manages the factors of production
Back
Card 14
Front
reward for land
Back
Card 15
Front
the use of natural resources
Back
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