The government sector collects taxes, which are considered <u>leakages</u>. Households provide <u>factors of production</u> to firms, which assists in the production of goods and services. The foreign sector purchases exports, which are considered<u> injectors</u>.
<u>Explanation:</u>
Firms and families go to the merchandise and enterprises advertise, where firms supply products and ventures and families devour these products and enterprises. Hence, pay goes from family units to firms (A) and firms give merchandise and ventures to families (B).
In a subsequent minute, the pay that is with the organizations is utilized with the variables of creation (capital and work) in the components advertise. Work is given by families, so salary is given to families through wages (C). At last, the families that work in the factor showcase produce the products that have a place with the organizations (D). At that point the cycle restarts! This cycle is known as the circular flow of income.
The Harlem Renaissance was a period of flourishing cultural activity that took place in the New York City district of Harlem between the world wars, that is, from the early 1920s to the early 1930s.
The movement's leading figures were poets, writers, intellectuals and musicians, such as Duke Ellington, Billie Holiday and Josephine Baker, who laid the foundation for their international careers.
The Harlem Renaissance was characterized by a belief that art could have an effect on social ills. The movement was influential in the ongoing African-American rights struggle and contributed to a strengthened self-esteem and identity of blacks in the United States.
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Yes it is Herbert’s theory
