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| SOURCE: Money Talks News |
The economic principle I will explore is People gain when they trade voluntarily.
The overall question I will research to help explore the economic principle is "How does lack of understanding of how a car works makes it harder for the masses to gain something when they trade for a car?"
3-4 Sub-questions that will help me answer my overall question are:
- Does the average person know what they are looking for before they go to look at cars?
- Is the average person able to tell what is a rip off, based on price?
- How does the lack of knowledge about car problems cause people to lose money when they could be gaining
- How can sites like craigslist cause loss of money for people without knowledge of how to work on cars.
3-4 resources I will use to help me answer the question
In the next post I will be looking into what you need to look for before buying a used car.
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