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>
The correct answer is C) bicameralism.
A country is federal if it satisfies all of the following criteria EXCEPT bicameralism.
We can consider a government "federal" if satisfies the following characteristics: a geopolitical division, independence, and a direct government.
What results from the federal system of government in the United States is that State governments have some powers that the federal government does not have.
The United States government is a federal government with three branches under the system of checks and balances. The executive branch, the legislative branch, and the judicial branch. Under this system, none of the three branches has more power than the other.
This is an example of <span>social marketing
</span><span>social marketing refers to the concept of integrating product advertising with the social issues that popular in society.
Another example would be advertising campaign that highlight the use of eco-friendly material on the product to address environmental issues.</span>
He asks <span>about a vehicle accident he saw earlier in the afternoon in another part of your base camp that did not involve you or your unit in any way.
For this, the appropriate response should be<em> </em></span><span><em>I don't have any direct knowledge about the accident, so I can't discuss it or answer your question.
</em>By being honest, you won't become a hindrance to the investigation rather than being a know it all in order to obtain a little bit of fame.<em>
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Herodotus - Father of History; wrote history of Persian Wars
