An economic model that depicts how money moves across the economy is the circular flow model. Businesses need resources to generate the goods and services that households and households buy.
What is economy?
The mechanism through which a nation or region organizes its money, industry, and trade is concerned to as its “economy.”
The most popular version of this model displays the circular flow of revenue between the consumer and business sectors. The product market and the resource market are placed between the two.
Consumer spending is the mechanism through which households' money flows to the market for goods and services when they are in need of them. The product market purchases goods and services from companies and sells them to households, making a profit.
As a result, in the circular flow of the economy, money is utilised to purchase goods and services.
Learn more about on circular flow model, here:
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<span>"President Johnson's escalation of the Vietnam War after the Tonkin Gulf Incident" is the historical event most useful to include in a speech regarding power in the executive branch.</span>
A Russian nationalist I hope this helps u
Answer:
Egyptian civilization developed along the Nile River in large part because the river's annual flooding ensured reliable, rich soil for growing crops.
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