Households are an essential part of the circular flow of goods because:
Abusinesses rely on households to create new product markets.
Bhouseholds are the main source of natural resources in an economy.
Cbusinesses could not make a profit without revenue from households.
Dhouseholds produce services that cannot be supplied by businesses.
Abusinesses rely on households to create new product markets.
Bhouseholds are the main source of natural resources in an economy.
Cbusinesses could not make a profit without revenue from households.
Dhouseholds produce services that cannot be supplied by businesses.