In a Simple Circular-Flow Diagram, Firms Own the Factors of Production

question 178

True/False

In a simple circular-flow diagram, firms own the factors of production and use them to produce goods and services.

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Definitions:

First Wave

Refers to the initial phase of a movement or phenomenon, such as the first wave of feminism focusing on legal inequalities.

Feminist Activists

Individuals who work actively for women's rights and gender equality, addressing issues like sexism, reproductive rights, and violence against women.

Reproductive Rights

involve the legal rights and freedoms relating to reproduction and reproductive health, including the right to decide on issues of fertility and having access to reproductive health services.

Women's Center

A community or campus-based organization dedicated to providing support, resources, and advocacy for women's rights and issues such as health, employment, domestic violence, and education.