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Flow on flow chart
Gauri Ramesh
Created on March 12, 2023
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Transcript
Savings Interest
Savings
Investments
Interest
Subsidy
Goods & service tax
Consumerism
Goods & Services
Labour / Resourse
Tax Benifits
Goods & service tax
Income / Wages
Exports
Imports
Overseas
- More sales used due to more disposable incomes.
HOUSEHOLDS
Financial
- More savings- Able to make more loans
- Disposable income- Able to afford more - More ways to reinvest income
MCDONALDS
- More profit spent on wages
GOVERNMENT
- More tax revenue - Less going towards benifits
McDonald's INTERDEPENDENT relationship with other firms
If minimum wage increased
Circular Flow Model