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10 cards from this deck
Produce goods & services to meet people's needs & wants
Something essential for human survival (food, shelter, clothing)
Something desirable but not essential for survival
Economic well-being of an individual, group, or economy
Economy operating through price mechanism in system of markets
System where govt officials/planners allocate economic resources
Economy with both large market sector & large non-market sector
Sale of state-owned assets to private owners
Bringing private assets into public ownership
Removing barriers to market entry & reducing govt bureaucracy
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