Concept 1: Foundations of Economics

PO 5. Describe the impact of entrepreneurs (e.g., Bill Gates, Martha Stewart, Oprah Winfrey, Ted Turner Donald Trump) in the free enterprise system. PO 6. Discuss the function of banks in providing checking accounts, savings accounts, and loans. PO 6. Describe how the interaction between buyers and sellers determines market prices. PO 6. ................
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