Question

In which markets do households give money payments to businesses in exchange for goods and services?

Answer 1

Answer:

Productive resources.

Explanation:

A productive resource can be defined as any combination of items or raw materials that can be used by a manufacturer to create or produce essential and valuable goods and services that meets the needs or requirements of the consumers.

This ultimately implies that, when a manufacturer produces valuable (finished) goods and services, they supply these finished goods to the market where various customers (households) can buy them at a specified amount of money.

Hence, in productive resources markets households give money payments to businesses in exchange for goods and services.