CAPS GET EMS 9 TERM 1 WEEK 5 – 10 The Economy
Weeks 5, 6, 7, 8, 9, 10
(1 hour per week for The economy)
The economy:
1. The circular flow
2. The participants in the circular flow of a closed economy; flow of goods and services, money and factors of production in the circular flow of aclosed economy; illustrate by using a flow diagram