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.
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Standard of living
and quality of life are often referred to in discussions about the
economic and social well-being of countries and their residents.
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The Hoover quote shows that his approach to the Great Depression is one of no hope. Hoover tried to implement a couple federal works projects (like the Hoover Dam) to kick start the economy. This limited government role is thanks to Hoover's belief in laissez faire economics, which revolves around the idea that government should be involved as little as possible in the economy. With this in mind, it is easy to understand why Hoover does not give direct financial assistance to American citizens.
FDR, on the other hand, believed that the government should help in times of crisis. FDR uses this concept and develops the "New Deal." This "New Deal" is a policy in which the federal government creates several different agencies and programs to help American citizens recover from the Great Depression. This "can do"attitude reflects his determination and ties into the aforementioned quote.
Answer:
ah alright sorry for the inconvenience
Explanation:
