Which situation best illustrates the role of households in the circular flow of
goods?
A. A factory produces screws used to build furniture.
B. A mother buys a used car for her daughter.
C. A company designs a new type of laptop.
D. A website sells cheap books and magazines.

Households played a vital role in the circular flow of goods as they determine what goods and services they need and want, thus driving the economy.

Households can create a demand for a certain product, and businesses will supply it.

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Which situation best illustrates the role of households in the circular flow of goods? A. A factory produces screws used to build furniture. B. A mother buys a used car for her daughter. C. A company designs a new type of laptop. D. A website sells cheap books and magazines.

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Why Household are a necessary part of the circular flow of goods?

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Which situation best illustrates the role of households in the circular flow of
goods?
A. A factory produces screws used to build furniture.
B. A mother buys a used car for her daughter.
C. A company designs a new type of laptop.
D. A website sells cheap books and magazines.