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Anish DesaiPrinciples of Business and Personal Finance- Block 3
Needs1. Shelter- House2. Food and Water3. Money
Wants1. IPod Touch2. New Laptop3. New T.V.
Goods are things that you can see and touch (drinks and clothes) services are activities that are consumed at the same time they are produced (electricity and gasoline).
Services are activities that are consumed at the same time they are produced (electricity and gasoline).
Trees
Water
Plants
Farmers
Factory Workers
Truck Drivers
Buildings
Equipment
Supplies
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