6.01 - Circular Flow Diagram

A. Government spends money on phenobarbital, anesthesia, etc.
B. The government borrows money to fund research on chemicals such as phenobarbital and anesthesia, to use on animals.
C. The government regulates ways to euthanize pets, requirements for taking care of pets, and such.
D. Taxes are raised to provide for government services relating to animals, such as adoption centers.
E. Income from G is put in savings accounts, which can be accessed to buy stocks in phenobarbital.
F. Pet owners visit the veterinarians, pet stores, etc. for products for their pets, and spend their money there.
G. Income from people’s jobs (such as veterinarians) go to their families.
H. People need to access things such as animal food, phenobarbital, etc., as well as the services of having their pet spayed or neutered.
I. Certain businesses can provide a home for the stray animals.
J. There is a market for phenobarbital.
K. Veterinarians have a need for products to take care of animals, and must buy them.
L. Businesses provide the service to animals such as physicals and spaying/neutering, walking the pets, and cleaning after them; they provide goods such as medication for animals, administer vaccines and shots, and also can provide food and toys.
M. Companies may take out loans, or also issue stocks for purchase, increasing the amount of money they can spend on providing services for pets.
N. We can export metal and chemicals to other countries, to help them control their animal population.
O. People worldwide can buy stock in several products that help with the animal population, such as chemicals, metal, and food.
P. We can import things such as food, phenobarbital, etc. Also, some people bring animals into this country from others.
Q. We can borrow money to take care of the needs for stray animals, or buy stock in companies from other countries.