How many states were needed in order for business to occur?

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1034713

2026-06-30 12:00

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For business to occur effectively, a minimum of two states are typically needed: the state of supply and the state of demand. The supplier offers goods or services, while the consumer or buyer seeks to acquire them. This basic interaction forms the foundation of any transaction, making the engagement between at least two parties essential for business activities to take place.

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