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10 cards from this deck
Production, exchange, consumption
Natural resources: minerals, timber, water, fertile soil
Human element: workers' skills, knowledge, effort
Manufactured resources: buildings, machinery, tools, vehicles
Organises land, labour, capital; takes risks for profit
Collects raw materials from nature (mining, farming, fishing)
Transforms raw materials into finished products (manufacturing)
Provides services (banking, education, healthcare)
Registered businesses that pay taxes & follow regulations
Unregistered businesses (street vendors, home-based traders)
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