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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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Shogi, xiangqi, and janggi are asian relatives of what board game?
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Shogi, also known as Japanese chess or the Game of Generals, is a two-player strategy board game in the same family as Chess
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3 years ago
Two members of the byrds, ____________, met with the beatles in 1965 for sessions involving taking lsd and playing guitars.
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<span>Two members of the byrds,  </span>David Crosby and Roger McGuinn <span>met with the beatles in 1965 for sessions involving taking lsd and playing guitars.

Taking an LSD before music session is actually very common because it is dulling the logical part of our brain. In this condition, the creative part of our brain will become more dominant, allowing the artist to obtain many aspirations about their art.</span>
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3 years ago
From the later months of age 2 and into the middle of their third year, the number of ways children combine words and phrases to
AleksandrR [38]

Answer:

From the later months of age 2 and into the middle of their third year, the number of ways children combine words and phrases to form sentences grows each month.

Explanation:

As far as vocabulary is concerned, child develops an understanding to cover 100 words at just 18 months of age. Then comes the stage where the child begins to compose expressions and come to a basic understanding of syntax, the phase of telegraphic speech, and by the age of three, child has tripled vocabulary and doses of up to 1000 words (Sternberg 2005). Furthermore, from the second to the third year, the child understands the differences in the meaning of the word, names the word for all things and concepts, often looks for objects to name them, and speech is understandable to most listeners. In the 2nd year, the speech consists of nouns and verbs that child has created only (bi-bi, am-am, wow-wow) and those adopted from adults (dad, mom, car, juice). In the second half of the second year of life, the child begins to associate words and create the first sentences.

5 0
3 years ago
According to Senator Lee, why is it important to have an understanding of the Decla Independence when reading the Constitution .
Nonamiya [84]

Answer:

<h3>important to understand how the government have significantly shifted to a positive one.</h3>

Explanation:

Senator Lee says that many people view the Declaration of Independence document just as <u>a legally operative document.</u> It is often disregarded of its importance and the sacrifices made by the founding fathers are often forgotten.

Senator Lee says that there is an animating set of principles of how governments have transformed through the Declaration of Independence. He says that the document is important to<u> understand how the government have significantly shifted to a positive one.</u>

He truly credits the framers of the document because he believes that they did not had much to gain from it personally. However, they signed and framed it for the greater good of all Americans.

6 0
3 years ago
The intent of terrorism is to produce _____ in order to obtain _____. fear; political objectives chaos; order fear; reconciliati
Setler79 [48]

<span>The intent of terrorism is to produce fear in order to obtain political objectives. The main purpose of a terrorist attack is to generate fear to people. That is the reason why they happen unpredictably and commonly include civilian victims. Almost these attacks aim for political objectives. Even though it doesn’t seem have a reasonable way of attaining that purpose to civilians but to the terrorist doing it makes sense.</span>

5 0
3 years ago
Read 2 more answers
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