Economic Flow or Circulation Was Introduced by French Physiocrats, Who

question 20

Multiple Choice

Economic flow or circulation was introduced by French physiocrats, who expressed for the first time that the economy be conceived as:

• A) circulating the transformation of natural resources into goods
• B) a cycle of increases, prosperity and stagnation
• C) if landowners, farmers and buyers purchase independently of one another
• D) a small group of people controlling economic development
• E) a system of interdependencies, in this case between landowners, farmers and buyers

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Definitions:

Nonverbal Communication

The transfer of information through the use of body language, facial expressions, gestures, and tone of voice instead of words.

Functionalist Perspective

A theoretical framework in sociology that focuses on the function of each component of society and how those components fit together.

Social Institutions

Complex social forms that reproduce themselves such as governments, the family, human languages, universities, hospitals, business corporations, and legal systems.

Casual Conversation

Informal exchange of information and ideas between individuals without specific purpose or structure.