HELP HELP HELP HELP ! Circular Flow 10 of Money Goods and Servicer
1. Flow of the resources in the economy start from the
2. goods and services in the economy.
3. The of the firms becomes the income of the households.
4. Money flow from the firms in the form of and
5. connects the household, firms, resource market and productive market in the economy.
6. Firms are represented by people whom we call who design or create goods and services for the economy.
7. The goal of the firm is to gain
8. The income of the household from the sale of their resources that they spend for consumption becomes the of the firms.
9. The goal of the household is to gain [
10. own the productive resources.
11. Exchange of goods and services occurs in the
12. Households possess resources needed to produce the needs of the economy.