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How does the circular flow of economic activity generates wealth in an economy?
Wiki User
∙ 10y ago
It doesn't. The economy will remain stagnent.
Wiki User
∙ 10y ago
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The circular flow of economic activity describes an economy that is free of market true ofr false?
False
The circular flow of economic activity describes an economy that is free of markets?
The market is the mechanism that brings together households and firms.
How various marketing activities influence the flow of goods and services?
The circular flow of economic activity is a model showing the basic economic relationships within a market economy.
In a global economy governments have less control over economic activity?
yes in a global economy government has less control over economic activity
When economic activity in an economy declines it is called?
== == == ==
The circular flow of economic activity describes an economy that is free of market true ofr false?
False
The circular flow of economic activity describes an economy that is free of markets?
The market is the mechanism that brings together households and firms.
How various marketing activities influence the flow of goods and services?
The circular flow of economic activity is a model showing the basic economic relationships within a market economy.
In a global economy governments have less control over economic activity?
yes in a global economy government has less control over economic activity
When economic activity in an economy declines it is called?
== == == ==
What is the primary economic activity of the Middle East?
Free economy and Command economy
What is Siberia's Economic activity?
Oil and gas is Siberia's main economy
How may saving influence economic activity?
savings in an economy impact the level of investment in the economy. if the households save more, then this will lead to capital formation in the economy which will boost the economic situation of the nation.
What region in Canada has the most people and the most economic activity-?
Alberta's economy is a sum of all the economic activity in Alberta, which is Canada's fourth largest province by population.
What is economically active?
Economic activity, is quite simply, the activity of the economy. It includes the growth and shrinkage of the economy and all factors that affect this (for example Aggregate Expenditure). It is commonly measured by the GDP (Gross Domestic Product) which is probably one of the most reliable economic indicator. Economic activity is the work that people do to enhance their quality of life. Economic activities include thing that people do to get, refine or use Natural Resources.
What is siberia main economic activity?
Oil and gas is Siberia's main economy
What is the effects of savings and investment in circular flow of the economic activity?
The households like to allocate a part of their incomes for future uses. As a result the firms has to dispose all their goods and services that remain unsold. creating a disequilibrium to the flow of the economy.
