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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Because it involved countries all over the world, there was new technology such as chemical warfare, tanks, planes, etc. and it was unrestricted warfare. The countries were attacking civilians as well. Also there were diseases.
The family size would be smaller, because they would be less able to have children who survive to adulthood.<span />
33 - They were indifferent about him
34 - Plessy v. Ferguson
35 - They wanted state policies to be like they were before the civil war
36 - Higher taxes on farmers
37 - Because farmers in the South were rich
The large stone structures created by the Neolithic Europeans are called the Stonehenge. It was built around 4500 - 4000 years ago. It's a circle of stones also known as the megalithic monument.
