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.