In the Circular Flow Model,which of the Following Owns the Factors

question 67

Multiple Choice

In the circular flow model,which of the following owns the factors of production?

• A)Firms,households and all levels of government
• B)Both firms and households
• C)Only firms
• D)Only federal,state and local governments
• E)Only households

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Definitions:

Environmental Justice

The movement aimed at ensuring that no community suffers from disproportionate exposure to pollution, environmental hazards, and lack of access to natural resources, emphasizing fairness and equity.

Anthropocentric

Viewing and interpreting everything in terms of human values and experiences.

Land Ethic

A philosophical approach advocating for a respectful and ethical relationship between humans and the natural environment, emphasizing stewardship and sustainability.

New Ecological Paradigm

A belief system that recognizes humans as an integral part of the ecosystem and emphasizes sustainable environmental practices.