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:
brainly.com/question/11324259
#SPJ1
Answer:
What role did Simón Bolívar play in the Latin American independence movement? ... Bolívar himself led multiple expeditionary forces against the Spaniards, and between 1819 and 1822 he successfully liberated three territories—New Granada (Colombia and Panama), Venezuela, and Quito (Ecuador)—from Spanish rule.
Explanation:
C is wrong it is B. Espressed
It proclaimed the freedom of slaves in the ten confederate states and it also decreed that freed slaves could be enlisted in the Union Army.
<u>Explanation:</u>
Emancipation Proclamation completely changed the meaning and purpose of civil war. The Emancipation Proclamation was an executive order issued by Abraham Lincoln on January 1, 1863.
In the next 2 and half years around 180,000 of them fought in the Union army and 10,000 in the navy, making a vital contribution to Union victory as well as their own freedom.
