In the Circular flOw Model, Goods and Services flOw from Households

question 47

True/False

In the circular flow model, goods and services flow from households to firms.

---

Definitions:

Tropical Deforestation

The clearing away of tropical forests due to logging, agriculture, or other human activities, leading to significant ecological and environmental consequences.

Global Warming

The gradual increase in Earth's average surface temperature, attributed to the greenhouse gas emissions from human activities such as fossil fuel burning and deforestation.

Ecological Services

The benefits that natural ecosystems provide to humans, such as clean water, air purification, pollination of crops, and climate regulation.

Human Exploitation

The unethical or unfair use of the labor and resources of people, often leading to harm or disadvantage.