| A | B |
|---|
| Circular flow is a continuous flow of money between | individuals, businesses and the government |
| Individuals own and sell | resources |
| Business borrow money for | expansion |
| Individuals provide _______ to businesses | labor |
| Businesses ______ products that are sold | make |
| The government uses ___________ to provide public goods/services | tax revenue |
| schools, parks libraries are examples of | public goods and services |
| Income means | money earned |
| Revenue means | money collected |
| businesses need to make a ______ in order to remain in business | profit |
| a place where buyers and sellers meet to exchange money for goods and services | marketplace |
| a laborer is a | worker |
| The _____________ provides public goods and services | government |
