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How do consumers and producers meet to trade goods and services? - real and
money flow.

1 Answer

7 votes

Answer:

Yes.

Step-by-step explanation:

Producers and Consumers are interdependet.

Real flow - The flow of resources or goods and services from producers to consumers either locally or internationally.

Money flow - The flow of money from producers to households.

Without consumers there will be no profit. Hence loss in sales and reputation. No reputation = less human resources or labourers.

Without producers there will be no income for consumers. Hence more deprived communities. More deprived communities = Stress on governance and managment of relative/absolute poverties.

Many other examples to prove the inter-dependence between households [consumers] and firms [producers].

-- Interdependet relationship.

Inter-depended - When two or more people rely on each other, mutual reliance.

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