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Relation

Economy and the Environment

Human survival and economic activity are fundamentally dependent on the natural world. The environment, encompassing both the physical surroundings and the biosphere (all life on Earth), serves a dual purpose: it provides the direct essentials for life, such as air, water, and food, and it supplies the raw materials like wood, metals, and oil used in the production of goods.

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Updated 2026-05-02

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Introduction to Microeconomics Course

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