Register

What is the purpose of the "circular flow model of a market economy?"

What is the purpose of the "circular flow model of a market economy?"
asked 28.6k views
1 vote
What is the purpose of the "circular flow model of a market economy?"

asked
User Chetan Ahirrao
by
8.0k points

1 Answer

2 votes

It shows how households and firms exchange money, resources, and products in the marketplace.


answered
User Solid Rhino
by
8.6k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What goal of the constitution was also a goal of the Magna Carta?
is it true or false that after the american revolution conflicts in the northwest territory erupted between remaining british soldiers and native americans
What was an effect of nationalism in Europe in the early 1900s?
Link Copied!