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Contact [7]
3 years ago
12

In three to five sentences, explain the role of the household in the circular flow model. Which role is the most important? Why?

Social Studies
1 answer:
mixas84 [53]3 years ago
7 0
In economics, a circular flow model is a diagram that is used to represent the monetary transactions in an economy.

National income, output, and expenditure are generated by the activities of the two most vital parts of an economy, its households and firms, as they engage in mutually beneficial exchange.

Households

The primary economic function of households is to supply domestic firms with needed factors of production - land, human capital, real capital and enterprise. The factors are supplied by factor owners in return for a reward. Land is supplied by landowners, human capital by labor, real capital by capital owners (capitalists) and enterprise is provided by entrepreneurs.<span> Entrepreneurs combine the other three factors, and bear the risks associated with production.</span>

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Jason is very depressed. He has trouble going to work every day and often feels that life holds few rewards. He has missed three
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Jason is very depressed. He has trouble going to work every day and often feels that life holds few rewards. He has missed three days of work this week. The cyclothymic disorder aspect of abnormal behavior applies to Jason.

Cyclothymic disorder- It is a milder form of bipolar disorder. In this form of depression, a person experiences chronic mood fluctuations.

There are different forms of depression. These are discussed below:

Melancholia - It is a severe form of depression in which many physical symptoms of depression are present.

Psychotic Depression - In this form of depression, a person loses touch with reality.

Bipolar Disorder - In this depression person experiences periods of depression and periods of mania, with periods of normal mood in between.

Cyclothymic disorder- It is a milder form of bipolar disorder. In this form of depression, a person experiences chronic mood fluctuations.

Learn more about Depression here: brainly.com/question/21711771

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8 0
2 years ago
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If consumers expect the price of a good to rise in the near future, how would
olga nikolaevna [1]

MARK "BRIANLIEST!"

ANSWER:

D. DEMAND WILL FALL BECAUSE THE PRICE IS EXPECTED TO RISE.

EXPLANATION:

BECAUSE SINCE THE PRICES START TO RISE, FEWER / LESSER CONSUMERS / CUSTOMERS WILL BE ABLE TO AFFORD SUCH PRODUCT(S) AND / OR SERVICE(S).

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5 0
3 years ago
Which is not a reason why political parties began to emerge (form) in the United States? * (1) Each state had different wants an
Lina20 [59]

Answer:

(4) President Washington created the two political parties.

Explanation:

This answer would be false, simply because Washington extremely discouraged the formation of political parties altogether. He predicted that it would only divide our great nation, and he was right.

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3 years ago
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Leadership is a complex phenomenon involving the leader, the followers, and the situation. True False
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Answer:

The correct answer is: True.

Explanation:

Leadership is an interesting social phenomenon that consists of multiple factors to occur. It involves biological, social and psychological aspects that when mixed it results in certain individuals acting like leaders in specific situations.

Leadership involves the leader because it relates to that particular individual's set of personality traits that led him to have the characteristics of a leader.

It involves the followers because for a person to lead he/she needs people that are willing to be led by an individual that they consider competent enough to be their leader.

And it involves the situation because a leader and his/her group need a goal, need to achieve a certain objective, they need a context in which the leadership can emerge and occur.

3 0
3 years ago
How does the ibo treat the winner of the final wrestling match?
AnnyKZ [126]
The answer is they are treated like a god or royalty. In addition, the least three things that the Ibo do to get set for the feast are washing all the pots and pans, put clay on their homes and prepare the yams left over from the last yield. 
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