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This article provides definitions of economic terms for middle school and high school use it is part of a series of articles which contain lesson plans comparing the current financial crisis to historical economic crises. Economics definition, (used with a singular verb) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. Designed for year 13 economists, here are ten aspects of market structures that you might want to check as part of your revision join 1000s of fellow economics teachers and students all getting the tutor2u economics team's latest resources and support delivered fresh in their inbox every morning.
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