To show where income is distributed from external and internal factors To show where income is distributed from external and internal factors
Charts are excellent tools used to create visual representations of data. Circular flow charts are particularly helpful when demonstrating cycles or exchanges.
The movement of income from producers of goods and services to consumers, and back to the producer is known as the circular flow. Circular flow is generally shown in a circular flow chart or model.
You have leakages from your circular flow.
A flow chart is a type of model, but not every model is a flow-chart.
A circular flow model
since there will be leakages from the circular flow
since there will be leakages from the circular flow
Circular flow means the pattern in which goods,services,and resources flow in the marketplace.
Flow chart
flow chart of plannning pocess
the structure chart differs from flow chart in these principle ways: 1- It is difficult to identify different modules of the software from its flow chart representation. 2- Data interchange among different modules is not represented in a flow chart. 3- sequential ordering of tasks inherited in a flow chart is suppressed in structure chart.
Taxation Imports Savings