Economic Agents

Economic agents are individuals, groups, or organizations that participate in economic activities by making decisions about the use of resources. They include consumers who purchase goods and services, producers or businesses that create products, governments that regulate and fund public projects, and financial institutions like banks that facilitate transactions. Each agent influences the economy through their choices, such as spending, saving, investing, or producing. Understanding these agents helps explain how money and resources circulate within markets, shaping economic growth, prices, and employment.