The components of an economy
ID:CVCEC
Video Overview
In this following tutorial we'll explore the main components of an economy. This includes the five main participants of an economy which are: households, businesses, the government, financial institutions, and the foreign sector. The two main types of markets that form part of an economy are the product markets and the markets for factors of production. This tutorial also highlights the role of these markets in an economy.
Member Area
Please note
Internet access is required to view this product. You will be required to stream the online videos, which means you will incur data charges. Charges fluctuate depending on the length and complexity of the video.
These subscriptions will auto renew. E-mails will be sent to you 10 days before as a warning that it's about to auto renew. If you wish to cancel a subscription, you can visit 'Member Area - My Tickets and Subscriptions', where you can exercise the option to cancel.