Use the Research Reported in Your Textbook to Evaluate the Communication

question 16

Essay

Use the research reported in your textbook to evaluate the communication qualities of a family with which you are familiar.

---

Definitions:

Payments

Transactions or transfers of money or equivalents as a form of settling a debt or fulfilling an obligation.

Factors of Production

The inputs used in the production of goods or services in the process of creating economic value, including land, labor, capital, and entrepreneurship.

Goods and Services

The tangible and intangible items that satisfy human wants and needs, which are produced and consumed by individuals and businesses.

Consumption Expenditures

The total amount spent by households on goods and services for personal use.