Which of the four types of economic decision makers is most important?

Question

Quizplus · Accepted Answer

While all four types of economic decision makers play important roles in the economy, households are arguably the most important because they represent the ultimate source of demand for goods and services. Without demand, there would be no need for production, and firms and governments would have no reason to exist. Additionally, households supply the resources, such as labor and capital, that firms need to produce goods and services. Therefore, while governments and firms have important roles to play, households are the foundation of the economy.

Which of the Four Types of Economic Decision Makers Is