In economics, a circular flow model is a diagram that is used to represent the monetary transactions in an economy.
There are two flows present within the model including flows of physical things (goods or labor) and flows of money (what pays for physical things).<span>The circular flow of income follows a specific pattern: Production → Income → Expenditure → Production.</span>The production possibility frontier can be used to illustrate the circular flow model.Economists use data, statistics, and natural experiments in order to make economic "laws" that explain general patterns.<span>.</span>
Being primarily a teacher, Buddha traveled to nearby
kingdoms to share his insights with those who were receptive and interested. Likewise, he
instructed his monks to go forth in the world and present his teachings. He did not ask others
to criticize and give up their own religion and convert to a new one, for he was not seeking
to establish his own religion. He was merely trying to help others overcome the unhappiness
and suffering that they were creating for themselves because of their lack of understanding.
The first 3 articles of the Constitution establish the 3 branches of government with specific powers. Executive (headed by the president), Legislative (Congress), and Judicial (Supreme Court)
Article 1 - created the Legislative branch
Article 2 - created the Executive branch
Article 3 - created the Judicial branch
The Mandate of Heaven is a Chinese political and religious doctrine to justify the rule of the King or Emperor of China. According to this belief, <em>Heaven</em> bestows a mandate on the ruler of China. However, if he was overthrown, or if natural disasters occurred, this was considered an indication that the ruler had lost the mandate. Therefore, civilian rebellions were accepted as part of the cycle. The cycle had the following pattern:
- A New Dynasty Rises
- A New Dynasty Rules
- Mandate of Heaven Lost by the Dynasty
- The Dynasty Grows Weak
- Period of Violence Follows
According to Chinese citizens, a new dynasty would rise and become powerful. This would lead them to rule as long as they received the mandate of heaven. However, if heaven was displeased with the ruler, the dynasty would lose its mandate. As a consequence, China would experience natural disasters, rebellions and the weakening of the dynasty. A period of violence and rebellion on the part of the citizens would follow, until a different dynasty arose from the chaos and became the ruling dynasty and the cycle continued.
