false
owns and manages public utilitiesCooperatives can be organized to help consumers, provide services, or help producers.
Producers
Government planners decide which goods and services are produced and how they are distributed.The purpose of government in a command economy is to make major economic decisions. This is mainly aimed at protecting the consumers.
goods
The movement of income from producers of goods and services to consumers, and back to the producer is known as the circular flow. Circular flow is generally shown in a circular flow chart or model.
The government produces social services, money and national defense.
The term government contractors is a private company that produces goods or services. To be classified as a government contractor the government must have a contract with the company.
pie
owns and manages public utilitiesCooperatives can be organized to help consumers, provide services, or help producers.
A business that produces goods or services is called an industry.
good or services
Producers
Circular Flow Of Income
Government planners decide which goods and services are produced and how they are distributed.The purpose of government in a command economy is to make major economic decisions. This is mainly aimed at protecting the consumers.
Manufacturing produces goods. Services provide services.
Producers are the ones who creates or produce goods and services that must meet the consumer's expectations.
producers