Directions: Look at the various institutions below. Write a few sentences that tell how each contributes to our economy. Give examples of what each would do that helps support the economy.
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Directions: Look at the various institutions below. Write a few sentences that tell how each contributes to our economy. Give examples of what each would do that helps support the economy.
Nonsense = Report
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Answer:
Family
They're the one that buy the products from the market. Which the money they pay goes to the economy of the city or county
Bank
Banks are the ones that facilitate the use of money for transactions in the economy because people and firms can use bank accounts when selling or buying goods and services, when paying a worker or being paid, and when saving money or receiving a loan.
Worker
Because of them they can produce products that people would buy they're products such as rice.
Small Business
They bring jobs and revenue to the local economies by offering jobs, local products, paying sales and property tax, and using local vendors and supporting services. In fact, a recent study shows that for every dollar spent at a small business, 68 percent funnels back into the community.
Big business
They help price risk and provide capital and financial services for economic activity of households, businesses, commercial ecosystems, and government. They have the highest total capital income of all archetype and the highest taxes. They also pay high wages.
So that's the answer
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