An economic model that depicts how money moves across the economy is the circular flow model. Businesses need resources to generate the goods and services that households and households buy.
What is economy?
The mechanism through which a nation or region organizes its money, industry, and trade is concerned to as its “economy.”
The most popular version of this model displays the circular flow of revenue between the consumer and business sectors. The product market and the resource market are placed between the two.
Consumer spending is the mechanism through which households' money flows to the market for goods and services when they are in need of them. The product market purchases goods and services from companies and sells them to households, making a profit.
As a result, in the circular flow of the economy, money is utilised to purchase goods and services.
Learn more about on circular flow model, here:
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The Berlin Conference of 1884<span>–85 was a </span>meeting<span> between European nations to create rules on how to peacefully divide Africa among them for colonization. The </span>conference<span> was convened by Portugal but led by Otto von Bismarck, chancellor of the newly united Germany.</span>
The correct answer would be alternative A) "most of those increases in agriculture are cash crops reserved for export."
The increase of production of crops doesn't benefit the hungry, as the crops are not meant for them. They're destined to exportation. For this reason, the hungry don't get anything from the increase in production.
One of the ways to prevent hunger in developing countries would be to have this crops used for social programs, and distribute food to the hungry. However, that's not the way it's done.
"New factories in the U.S. offer higher
<span> wages for unskilled workers" is the best answer. Although these wages are still relatively low, they're higher than many immigrants would see back home. </span>
