The Figure Above Shows the Circular Flow Model

question 98

Multiple Choice

The figure above shows the circular flow model.
-In the figure above,which of the following represents a money flow?

• A) Goods purchased
• B) Interest
• C) Capital
• D) Services sold
• E) Goods supplied

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Definitions:

Thomas Theorem

A theory in sociology stating that if people perceive a situation as real, it will have real consequences for them.

Situations

Specific instances or sets of conditions that affect individuals or groups at a particular time and place.

Primary Socialization

Is the process of acquiring the basic skills needed to function in society during childhood. Primary socialization usually takes place in a family.

School

An educational institution where children and young people receive formal education through a structured curriculum.