China's national cultural philosophy is based on the principles of Confusianism. Confucius was a Chinese philosopher that lived between the years 551 to 479 BCE and his teachings are central to the Chinese culture. He is also believed to have written some of the most important texts in Chinese history.
Answer: household and firms
Explanation:
The circular flow model which is also referred to as the circular flow of income simply shows how money flows or changes hand between the household and the firms.
For example, the individuals purchases goods from the firm's and the firms pay individuals which are the workers wages and salaries. Money moves through different ways in the economy.
Answer:
The first known settlements in ancient India were in the Indus River valley. There were farming communities in this valley as early as 6500 B.C.E. By 5000 B.C.E., people also lived near the Ganges River. By 2500 B.C.E., there were walled settlements in the Indus River valley.
Explanation:
The exact date is unknown but between 550 bc and 539 bc.