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The goal is to replicate a real life product development and familiarize students with the invent process of a system, component, or process to meet desired wants within realistic constraints such as economic, environmental, social, political, ethical, health and safety, manufacturability, and sustainability.
Requirements
a. Make a problem statement.
- Recognize the need and criteria for acceptability
Assess whether market economies have been more successful than planned economies in providing welfare for citizens. The student is expected to outline some of the basic issues
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