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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:
D
Explanation:
Choice B and C describe the South. New England really didn't have indentured servants once they received an influx of Irish and German immagrants. Therefore, the likely choice is D.
''These are the times that try men's souls'' is a very powerful phrase. If I was living in colonial America and read it or heard it, it was definitely going to prompt some reaction and feeling in me. The living conditions were not the best. Lot of people lived in poverty. The safety was not guaranteed, and avoiding problems was a big positive. There were divisions among the colonies themselves, resulting in tensions and conflict of interests. Such conditions, and hearing or reading to this phrase, would provide motivation for me personally, as it is the hard times when a person shows true character and what that person is made of. It will make me push even harder in order to have better life, and provide better life for my family, and give my best to overcome all obstacles, proving to myself and my loved ones that they can have it better and that they deserve better, but it can only be achieved through strong will, sacrifice, and work.
Answer:
Mid-latitude steppe and desert climate, major climate type of the Köppen classification characterized by extremely variable temperature conditions, with annual means decreasing and annual ranges increasing poleward, and relatively little precipitation.
Explanation:
