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households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
what role do businesses that go to the market play in the circular flow model
Households play the largest role as economic decision makers.
The primary participants in the circular flow of goods and services are businesses and households. Households are made up of individuals who both spend money and are the recipients of money. Businesses do the same--
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
it has a role in water output.
what role do businesses that go to the market play in the circular flow model
Households play the largest role as economic decision makers.
The primary participants in the circular flow of goods and services are businesses and households. Households are made up of individuals who both spend money and are the recipients of money. Businesses do the same--
The people who go to the market are consumers.
A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.
A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.
A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.
Overall,the vital role prices play in the free market enables individuals and businesses to create, produce, transform, develop, innovate and compete in the marketplace.
Businesses go to the market to sell their product.