Flow Chart of interdependence relations between Mcdonalds and sectors

McDonald's INTERDEPENDENT relationship with other firms

Sectors in the economy

Circular Flow Model

The sector that is relevant to external trading, buying and selling goods and across countries.

Overseas

Imports

Exports

Income / Wages

Labour / Resourse

The sector of consumers, which those who use or purchase services or goods provided by others.

HOUSEHOLDS

A multinational food change firm, in which produce product to sell to its consumers.

MCDONALDS

Goods & Services

Consumerism

Goods & service tax

Tax Benifits

Goods & service tax

Subsidy

The sector in which manages public spending and decide approproate laws and policies

GOVERNMENT

Savings

Interest

Investments

Savings Interest

The financial sector is the sector in the economy that is made up of firms and institutions.

Financial

The grey arrow in the charts will commonly illustrates the money flow of income and payments between the sectors. Money flow refers to the incomes and expenses circulating in a cycle through the economy.

MONEY FLOW

MONEY/REALI FLOW

The blue arrow in the charts will commonly illustrates the real flow of goods and services between the sectors. Real flow refers to the goods and services flowing to the various sectors in the economy.

REAL FLOW

The household sector provides the government with goods and service tax. This tax acts as the government's revenue in which finances services and systems like: public areas, education, healthcare and other govermentally involved units. This is why the goverment is dependant on households in which depicts the two way relationship between both sectors.

GOODS & SERVICE TAXI

HOUSEHOLD I GOVERNMENT

The goverment sector provides the household with benifits. Lower income households are to recieve more benifits from the goverment as they do not have a disposable income or are living under certain situations. Though for all households services and funding does go towards publically used areas and systems. This is why households are dependant on the government in which depicts the two way relationship between both sectors.

ITax Benifits

The firm sector (Mcdoanlds) provides the government with goods and service tax. This tax acts as the government's revenue in which finances services and systems like: public areas, education, healthcare and other govermentally involved units. This is why the goverment is dependant on households in which depicts the two way relationship between both sectors.

GOODS & SERVICE TAXI

FIRM - MCDONALDSI GOVERNMENT

The government provides Mcdonalds with subsity in which Mcdonalds depends on. Wage subsidy is usually when the government supplies the wage of employees of the firm in which they then becomes consistant employees at the firm which in turn results in a steady income and less needed benifits

SUBSITY

The household sector provides firms like Mcdoanlds with the resource of labour. The labour being household members being employeed by Mcdonalds and working in return for an income. The Labour is an example of the real flow as its the ecchange of a tangible service as supposed to a money process.

LABOURI

HOUSEHOLD I FIRM - MCDOANALDS

The

IGOODS & SERVICE

THE HOUSEHCOLD SECTOR PROVIDES THE GOVERMENT WITH GOODS & SERVICE TAX COMMONLY REFERED TO AS GST. SO THE GOVERNMENT SECTOR DEPENDS ON THE HOUSEHOLD SECTOR FOR TAX AS

GOODS & SERVICE TAXI

FIRM I GOVERNMENT

THE HOUSEHCOLD SECTOR PROVIDES THE GOVERMENT WITH GOODS & SERVICE TAX COMMONLY REFERED TO AS GST.

GOODS & SERVICE TAXI

THE HOUSEHCOLD SECTOR PROVIDES THE GOVERMENT WITH GOODS & SERVICE TAX COMMONLY REFERED TO AS GST. SO THE GOVERNMENT SECTOR DEPENDS ON THE HOUSEHOLD SECTOR FOR TAX AS

GOODS & SERVICE TAXI

FIRM I GOVERNMENT

THE HOUSEHCOLD SECTOR PROVIDES THE GOVERMENT WITH GOODS & SERVICE TAX COMMONLY REFERED TO AS GST.

GOODS & SERVICE TAXI

THE HOUSEHCOLD SECTOR PROVIDES THE GOVERMENT WITH GOODS & SERVICE TAX COMMONLY REFERED TO AS GST. SO THE GOVERNMENT SECTOR DEPENDS ON THE HOUSEHOLD SECTOR FOR TAX AS

GOODS & SERVICE TAXI

FIRM I GOVERNMENT

THE HOUSEHCOLD SECTOR PROVIDES THE GOVERMENT WITH GOODS & SERVICE TAX COMMONLY REFERED TO AS GST.

GOODS & SERVICE TAXI

the firm, Mcdoanlds is dependant on is imports

IMPORTS

FIRM I OVERSEAS

THE HOUSEHCOLD SECTOR PROVIDES THE GOVERMENT WITH GOODS & SERVICE TAX COMMONLY REFERED TO AS GST.

EXPORTS RECIEPTS

Firms in the sector with an INTERDEPENDENT relationship with Mcdonald's

Sectors in the economy

Flow Chart

The secondary sector is to do with manufacturing like: textile production, car manufacturing, and handicraft of examples.

Secondary

Raw material to Sellable good

The primary sectort exploits natural resources like: agriculture, fishing, forestry, mining, deposits.

Primary

Patties for burgers

Income

Income

Beef for patties

Sellable good to Marketing/Distribution

A multinational food change firm, in which produce product to sell to its consumers.

MCDONALDS

Marketing/Distribution to Consumers

Advertising for franchise

Income

The teritary sector is to do with the admin, advertisment and distribution of said product.

Teritary

INDUSTRYI PRIMARY

The primary industry is the sector held responsible for producing raw materials. This sector is inclusive of agriculture, fishing, forestry, mining, and deposits. This then is used by the secondary industry for use.

Primary sector depends on the secondary industry to make such purchases from them as its their income while the secondary sector relies on thier product in manufacturing.

SECONDARY I INDUSTRY

The secondary industry is the sector in which is responsible of the manufacturing/creating of said product to convert into a sellable good. This sector includes processing, manufacturing, and the construction for companies. This is then sold through the teritary industry.

Secondary sector depends on the teritary industry to then sell and distribute the product created. This sector depends on the sales made in order to continue production while teritary depend on the goods manufactured.

INDUSTRYI TERITARY

The teritary industry is the sector that is about the advetising and distribution of said product. This sector includes commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work. This then promotes Mcdoanalds.

Teritary sectori depends on mcdonalds for thier business as they are the source of income while Mcdoanlds depends on thier services to promote the products to be sold.

FIRMI MCDONALDS