https://padlet.com/toshea17/in3zj6932y5cps1j en-us 2023-05-09 00:48:44 UTC 2023-05-09 01:26:48 UTC hello@padlet.com https://padlet.net/icons/png/1f4b5.png toshea17 https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582881728 2023-05-09 01:09:29 UTC https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582881728 toshea17 https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582885924 Household are the owners of factors of production and supply these to the business/firms to use in the production process. ]]> 2023-05-09 01:12:35 UTC https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582885924 toshea17 https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582888064 The business/firms use the factors of production/resources to produc the goods and services (g&s) to satisfy the needs an wants of the consumers/households. ]]> 2023-05-09 01:14:10 UTC https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582888064 toshea17 https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582893805 Some income is used to pay taxes. Taxation flows into the government sector and becomes available for government spending on goods and services (g&s) and unearned income. ]]> 2023-05-09 01:17:46 UTC https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582893805 toshea17 https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582898964 Some goods are imported- therefore some of the income flow into another country's economy. Imports are compensated for by exports in the international sector as incom flows into the economy from payments for exports. ]]> 2023-05-09 01:20:08 UTC https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582898964 toshea17 https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582900843 Omee consumers save some money of their income.  Savings flow into the financial sctor and are borrwed for investment. ]]> 2023-05-09 01:21:18 UTC https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582900843 toshea17 https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582904039 Savings + Taxation + Imports = Investments + Government spending + Exports]]> 2023-05-09 01:23:23 UTC https://padlet.com/toshea17/in3zj6932y5cps1j/wish/2582904039