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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Answer:
Everyone must follow the Federal laws because we live in one nation called the United States. Federal laws are made by Congress on all kinds of matters, such as speed limits on highways. These laws make sure that all people are kept safe. The United States Congress is the lawmaking body of the Federal Government.
Explanation:
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<span> Gaius Julius Caesar was perhaps one of the most influential peoples of all time. His historic rise to power and overthrow of the Roman Republic put an estimated 45 million people or around 15-25 percent of the world’s population under his control. Therefore, it is no wonder Caesar has been one of the main subjects of early history and it is also no wonder the Roman culture from 2,000 years ago can still be seen worldwide today. But with every historical event, comes questions as to why or how the event happened in the way it did. Due to Caesar’s rise to power having massive implications for so many people and history, it is necessary and rather interesting to explore how he was able to take over.</span><span>
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He contributed to the invention of the radio
