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Lesson 78 of 84 · Trade and Commerce
Fair Trade: Ethical Commerce
Entrepreneurs identify needs, develop products or services, and take risks to bring them to market. Many large companies started as small ventures by innovative entrepreneurs.
Key Facts
1
Supply and demand affect prices.
2
Trade connects people globally.
3
Every choice has an opportunity cost.
Check Your Understanding
Question 1
1 of 2What are goods?