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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Spain gave up Guam, Puerto Rico, its possessions in the West Indies, and the Philippines in exchange for a U.S. payment of $20 million.After the U.S. declared war on Spain, Aguinaldo saw a possibility that the Philippines might achieve its independence; the U.S. hoped instead that Aguinaldo would lend his troops to its effort against Spain.He returned to Manila on May 19, 1898 and declared Philippine independence on June 12.Revolutionary leader Emilio Aguinaldo was born on March 22, 1869, in Kawit, Cavite, Philippines. In 1898, he achieved independence of the Philippines from Spain and was elected the first president of the new republic under the Malolos Congress.
Q: Translation -
The 20th of November, the day of the death of Zumbi dos Palmares, is considered in many Brazilian cities, the day Black Consciousness. The figure of Zumbi dos Palmares is especially claimed by social movements as a symbol of resistance and the struggle against oppression suffered by blacks. About this question, answer the question: a) What was Quilombo dos Palmares? B) Cite and analyze TWO OTHER forms of resistance to slavery. *
Answer:
It put the territory under one government.
It ensured religious freedom.
It laid out a way for territories to become states.
It made slavery illegal.
The correct answer to this question is Greece because Egypt, Thrace, and Italy belong to Asia.
