Adam Smith was one of the first people to imagine a system for creating wealth and improving lives of everyone.
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Q5: Resource development is the study of how
Q14: Socialism is an economic system based on
Q15: A monopoly occurs when there is only
Q16: Supply refers to the quantity of products
Q17: Demand prefers to the quantity of products
Q18: An oligopoly is a form of competition
Q21: The unemployment rate refers to the number
Q22: Communism is an economic and political system
Q23: _ examines the behavior of people and
Q24: Inflation means that prices are actually declining.
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