The correct answer is b) It shows the relationship between supply and demand.
The circular flow diagram is a model in economics that basically explains how the economy functions. The main characters are households which represent costumers and the firms which represent producers. Explains how the economics function in a circular way, where there has to be always a supplier and always a costumer, for there to be a flow and an equilibrium in the goods that are produced, and the goods that are demanded.
The Dutch East India Company was a trading company. It had many rivals, but it didn't specifically focus on waging war or combat, it was used to focus their trade powers between territories.
Answer:
Explanation:
Thomas Paine ’s Common Sense was first published in January 1776, amid the American Revolution. It was inspired by the American colonies’ rebellion against taxation—which turned into a struggle for outright independence—from Britain
