193k views
5 votes
Why do resources,goods and services flow in a circular flow model

User MaxPY
by
6.3k points

1 Answer

6 votes

Answer:

In the circular flow model, houses buy and sell resources.

Step-by-step explanation:

Household sell and firms buy => Households buy products=> Firms sell products=> Businesses buy factors and sell productss

User Stephen Agwu
by
6.3k points