Blog Post Image: Circular Flow Of Economic Activity Chart

circular flow diagram imagine economic illustration great of activity chart

circular flow diagram imagine economic illustration great of activity chart.

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take the inflows and outflows of household business government sectors in relation to foreign sector buys goods imported circular flow economic activity chart .
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1 consumers or households own all the factors of production that is land labour capital and entrepreneurship which are also called productive circular flow economic activity chart .
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based on the above figure now time to understand functioning of each economic agents or sectors circular flow activity chart .
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first take the circular flow between household sector and government taxes in form of personal income tax commodity paid by economic activity chart .
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