Question

1. Describe the circular flow model of the free-market system.

Answer 1

@PRAETORIAN.10

Answer 2

i'm not a pro at this but i googled it and this came up

The circular flow model is a summary of the operation of a market economy, that is the flow between production factors (firms) and households. Firms provide an income to households though employment (labour) and in the same manor households spend their income on firms for services and products.

Answer 3

do you need further elaboration and extrapolation so you can expound on key terms?

Answer 4

for elucidation of course

Answer 5

That is perfect enough for me, thanks so much!!

Answer 6

no prob kiddo :D

Answer 7

je suis la pour vous aide

Answer 8

:D @PRAETORIAN.10