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Definition of Circular Flow Diagram
The circular flow model describes movement of resources, goods and services in the economy, providing an overview of the market system and demonstrating the interconnectedness of the different economic sectors. While the model is simple, it can be easily... More »
Difficulty: Easy
Source: www.ehow.com

en.wikipedia.org/wiki/Circular_flow_of_income

The circular flow diagram is an abstraction of the economy as a whole. The diagram ...

www.policonomics.com/circular-flow-diagram

Feb 4, 2014 ... The circular-flow diagram (or circular-flow model) is a graphical representation of the flows of goods and money between two distinct parts of ...

study.com/academy/lesson/circular-flow-diagram-in-economics-definition-example.html

In this lesson, we will look at the basic circular flow diagram. We'll learn who the main actors are and what roles they play. We will also look at...

www.ask.com/youtube?q=Circular+Flow+Diagram&v=HHzxaPkUttM
Dec 24, 2011 ... Visit- www.edunirvana.com, to know more about our latest product- Economics Lab! (Fastest and surest way to learn Economics!) This video ...
www.ask.com/youtube?q=Circular+Flow+Diagram&v=X6rANcnAYAE
Nov 7, 2014 ... This video lesson is on the circular flow diagram, which describes the circular flow of money in a free market economy. This lesson discusses ...

www.boundless.com/economics/textbooks/boundless-economics-textbook/the-market-system-2/introducing-the-market-system-45/the-circular-flow-model-168-12266

Learn more about the circular flow model in the Boundless open textbook. In economics, a circular flow model is a diagram that is used to represent the ...

commons.wikimedia.org/wiki/Circular_flow_diagram

Aug 31, 2015 ... The circular flow diagram is an economic model of the economy in which the major exchanges are represented as flows of money, goods and ...

www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/circular-econ-gdp-tutorial/v/circular-flow-of-income-and-expenditures

Understanding the flow of resources in the simplest possible economy.