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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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The press often takes an adversarial role in reporting on the government. adversarial means
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Why was the haitian revolution successful
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The excesses of that contemptible treatment is the very reason why the Haitian Revolution was so successful: the treatment of slaves and Mulattoes in Haiti was so bad that it forced the most violent and ultimately, the most successful slave insurrection in history.

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______________________ is from the social trend that over the decades the growing influence of psychiatry and medicine transform
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Medicalization of deviance is from the social trend that over the decades the growing influence of psychiatry and medicine transformed moral and legal issues into medical matters.

<h3>Medicalization of Deviance</h3>
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  • The growing classification of deviance as a sickness coexists with the expanding use of medicine as a tool of social control, typically in the form of medical intervention.

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President Ford came after President Nixon, who laid much of the groundwork for diplomatic relations with the Soviet Union and China. Ford continued Nixon's efforts, for example when he met with the Soviet Foreign Minister in 1974. Additionally, with the Vietnam War winding down (it officially ended in 1975), we can rule out the second and third answer choices.
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