Part Three: Construct Construct a circular-flow diagram for a business or industry in
your community. Diagram the flow of goods, services, and
money from your chosen industry to the various sectors of the
local and world economy
For example, a factory in your community creates jobs and
products. The income to the households creates spending in
the economy as people consume products, invest, and pay
taxes to the government.
Use the Research Chart to document how this business or
industry's activities affect the various sectors of the local and
world economy
Submit both the diagram and the chart in assessment 06.01
Economic Relationships.