In economics, a circular flow model is a diagram that is used to represent the monetary transactions in an economy.
There are two flows present within the model including flows of physical things (goods or labor) and flows of money (what pays for physical things).<span>The circular flow of income follows a specific pattern: Production → Income → Expenditure → Production.</span>The production possibility frontier can be used to illustrate the circular flow model.Economists use data, statistics, and natural experiments in order to make economic "laws" that explain general patterns.<span>.</span>
Napoleon laid out a new set of laws in 1804 called the Napoleon Code, which called for religious freedom and equality before the law.
Italy invades Ethiopia. Benito Mussolini, the fascist leader of Italy, had adopted Adolf Hitler’s plans expand German territories by acquiring all territories it considered German. Mussolini followed this policy when he invaded Abyssinia (now Ethiopia) thé African country situated on the Horn of Africa
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Boer War and British control of southern Africa
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