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The Federal Reserve System established
Need
A basic requirement or necessity for survival or achieving a particular outcome.
Want
An expressed desire or wish for something that is not necessary for survival but may enhance the quality of life or provide satisfaction in some way.
Place
In marketing, refers to the distribution aspect and making the product available to the customer at the right location.
Inventory
The total amount of goods and materials held in stock by a business, warehouse, or store.
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