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# Notes on Economics and Needs This document appears to be notes on economics, specifically focusing on needs and how to satisfy them. **Definitions:** * **SMIC:** Minimum inter professional salary of growth * **Net:** Net salary * **Gross:** Gross salary * **INSEE:** National Institute of Statis...

# Notes on Economics and Needs This document appears to be notes on economics, specifically focusing on needs and how to satisfy them. **Definitions:** * **SMIC:** Minimum inter professional salary of growth * **Net:** Net salary * **Gross:** Gross salary * **INSEE:** National Institute of Statistics * **RSA:** Income from Active Solidarity * **Schengen:** Area of free movement of people * **CCFA:** French Automobile Manufacturers Committee **Key Concepts:** * **Economic Growth:** Factors that contribute to economic growth such as money, food, water, management of financial resources , import, and exports. * **Economic Objectives:** Satisfying human needs in a context of limited resources. * **Scarcity and Needs:** The challenge of meeting unlimited human needs with limited resources. * **Maslow's Hierarchy of Needs:** A pyramid depicting the hierarchy of needs, from basic physiological needs to self-actualization needs. **Additional details:** The document includes examples to illustrate economic concepts. Also, there are various terms and potentially formulas that are incomplete or not fully visible. * The document mentions percentages (e.g., x 100) relating to proportions. * There are terms highlighting the components of a certain economical system and some examples of the factors that influence the economy.

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