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>
Answer:
teacher, farmer, design skills --> labor
tractor, crops --> capital
forests, farmland --> land
Explanation:
land is the physical space and natural resources
labor is the workers
capital is the money and equipment
Answer:
They created a new economy by recognizing the issues that the poor people faced in 1890s to 1920. Remember the rich made off money of the poor, after a while when the poor discovered that was happening. Workers went on strike for the such low income and working conditions.
This is what I found.
In the House, bills are officially introduced by placing them in a special box known as the hopper, which is located at the rostrum, or Speaker's platform. In the Senate, a bill is introduced by placing it on the presiding officer's desk or by formally introducing it on the Senate Floor.
Answer:
yes
Explanation:
it was lead by weak leaders