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Economy – Circular Flow

The content covered in this section:

  • Explaining the factors of production: Natural Resources, Labour, Capital and Entrepreneurship
  • Illustrating the flow of goods and services, money and factors of production in the circular flow of a closed economy
  • Explaining the role of households, businesses and government in the circular flow
  • Describing participants’ business opportunities towards sustainability: eco-efficiency, biomimicry, and service

Sustainability related topics in CAPS:

  • Business opportunities towards sustainability: eco-efficiency, biomimicry, and service

Click on and read the full PDF below and download the learner activity book here.