LESSON 16.1 Overview
INQUIRY QUESTION How do societies share resources to meet people’s needs and wants? Why do consumers and businesses have rights and responsibilities? When you buy something, you help a business and show that you want their products, creating a cycle where businesses hire people, use resources, and make and sell products. All of this interaction takes place within a market , where buyers and sellers exchange money for goods and services.
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Digital document Key terms glossary Video eLesson What is economics?
546 Jacaranda Humanities Alive 7 Victorian Curriculum Third Edition
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