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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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Answer:

Group polarization.

Explanation:

Group polarization is when inside a group what first was an inclination to some ideas, after the individuals talk, those same ideas become much more stronger and radical. As the exercise exemplifies, the jury is deliberating and their initial attitudes are leaning neutral to slighty toward a guilty verdict. After a few days of deliberation, their ideas have strengthened considerably toward a guilty verdict. That's a good example of group polarization.

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3 years ago
Two citizens are arguing over the role and influence of the many organized interest groups that try to impact public policy. The
myrzilka [38]

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Pluralist Theory is a theory which states that a mass of groups can bring change or impact policies of the USA, instead of only one party or group. The second citizen is saying exactly that, he claims that many different perspectives of competing groups will bring about only policies acceptable to a consensus of the citizenry. So, we can conclude from his beliefs that the second citizen believes in the political theory of <u>Pluralist Theory.</u>

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3 years ago
Should this be my Brainly profile picture and why? It’s me from years ago.
lara31 [8.8K]

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um id say if u want it to be

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but then no bc it isnt who you are now and makes u seem young

3 0
2 years ago
Read 2 more answers
Public relations (PR) refers to communications that a tourism organisation carries out to improve or maintain favourable relatio
Tresset [83]

No, Qatar is not doing the right thing in terms of public relations to publicize the soccer World Cup that it will organize in 2022.

This as it has not given a correct promotion of the event, nor has it sought to attract the public in relation to its additional attractions as a country, nor has it sought to connect with the eventual participating nations to carry out cultural exchanges, nor has it tried to attract other nations to the knowledge of their culture.

In short, Qatar, up to now, has limited itself to being a mere builder of sports facilities, without committing itself to properly promoting the event.

Learn more in brainly.com/question/20313749

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2 years ago
Who is known as the father of the Romans?
horsena [70]

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