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economics a

Horizontales
No formal training
Getting the right resources to the right people.
Laborers paid for knowledge; doctors, lawyers, engineers
Focus on markets for goods and services and resources for individuals and businesses
Tools, factories, equipment for production
A type of people paid for what they know and can do
A factor of production referring to people with skills and abilities
Verticales
A factor of production including trees, minerals, fish, water, and land pieces
Study of how nations deal with scarcity choices
Study choices of people and nations
Choices you face and evaluate, then choose
Factors of production