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| Topic: |
Business
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| Number of pages / Number of words: |
11 / 3062 |
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Political science and even sociology were once considered part of the field. These subjects still play a major role in understanding economics but are also completely separate disciplines today.
There are many ways of defining economics but the easiest way to put economics is by the way in which money influences, or is organized within an area of business in our society today...
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With this we ask ourselves can we afford this or not. Everything ultimately ends up to the limitations of our time, the income we earn, and the prices we must pay to enjoy these things. There are many reasons why we have these limitations but to sum up all these in two words are scarcity and incentives...
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