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needs and wants

ESL version of basic economics

AB
wantsthings people would like to have
needsthings people need to live
moneyyou use this to buy things
servicework done for customers
storeplace to buy needs and wants
factoryplace where resources are made into goods
communityplace people live, work and play together
resourceuseful things found in nature like land, water and plants
customerperson who buys goods or serivces
produceto make things
truckit moves the goods from the factory to the store
productanother word for goods


MI

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