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.
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They were unsatisfied with the conditions in the state and have started a Revolution
Explanation:
- At the top of the social rankings of the Third estate was the so-called bourgeoisie or civic middle class, which included the more affluent members of the Third Estate.
- This group included bankers, wealthy merchants, manufactory owners, lawyers, doctors, journalists, professors. The largest group of the Third Estate was the peasants.
- Some were even more affluent, so they could afford to hire workers to work for them, but most of the peasants were represented by peasants.
- The poorest part of the Third Estate consisted of city workers. There were various apprentices, hired workers and others who worked in industrial plants, but these were the "lucky" ones who work and get some kind of pay. Much of the city's poor were unemployed, and in order to survive, they turned to petition or crime.
- Whether rich or poor, members of the Third Estate were dissatisfied with the privileges enjoyed by members of the first two ranks.
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The allies were prepared to make Germans pay heavily for the damage they had caused, especially in France
Answer: During the civil war between the caliph Abd al-Malik and Ibn Zubayr, who controlled Mecca, the Kaaba was set on fire in 683 . Reportedly, the Black Stone broke into three pieces and Ibn Zubayr reassembled it with silver
Explanation:
Answer:
I think only white people that owned land
Explanation:
