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How did the Habsburg dynasty come to rule so much of Europe?
Nonmilitary Goods
Products and services designed for civilian use and not intended for defense or warfare purposes, encompassing a wide range of consumer and capital goods.
Economic Problem
The fundamental challenge of efficiently allocating limited resources to satisfy unlimited wants and needs.
Limited Resources
The finite availability of resources, such as land, labor, and capital, which can restrict economic growth and development.
Unlimited Wants
The economic concept that humans have an endless number of desires for goods and services, even if resources for fulfilling those desires are limited.
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