In the circular flow model, the market economy creates continuous, repetitive flows of goods and services, resources and money. In this model, households spend income in the product market. According to the circular flow model, households buy the goods and services that businesses make available in the product market. Moreover, In the circular flow model, businesses will buy resources from and sell products to households and other businesses. In this way: The function of businesses in the circular flow model is purchase resources and sell products.
<span>This typically leads to managers adopting changes into their managing style. Upward feedback allows workers to anonymously submit evaluations to their managers, which can then be used as suggestions as ways to better manage those they are in charge of.</span>
Babylonia had a number of rulers, but I think the one you mean, the one that is particularly know for the laws was Hammurabi (who lived in 18th and 17th century BC). The law is known as the Code of Hammurabi.
Explanation:
If there is lack of technical knowledge then the country or company cannot run smooth with the lack of technical knowledge and there would be chaos
