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Ecnomics and Business
Circular Flow of Income, Producers, Household…
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Household Sector
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They have unlimited needs and want. They satisfy these needs and wants through perching goods and services.
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Goods and services are perchested through shopping centers, online, markets, and etc
Finance Sector
We provide labour for business sector; they provide us with an income form of a wage. With this money we might decide to spend, save or do both
If we save, this money is stored in a bank. Savings is a leakage in the Circular Flow Model
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