In a Simple Circular Flow Diagram,who Supplies Factors of Production

question 97

Essay

In a simple circular flow diagram,who supplies factors of production in markets and who buys these factors of production? Who supplies goods and services in markets and who buys these goods and services?

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Definitions:

On Click

In programming, an event that occurs when the user clicks on a specific interface element like a button.

Web Link

A reference or pointer, usually in the form of a URL, that directs browsers to a specific web page or location on the internet.

Combo Box Wizard

In software development, a combo box wizard is a tool that assists users in creating a combo box—a GUI element that combines a dropdown list or list box with a single-line textbox, allowing the user to select an item from the list or enter a new one.

Combo Box

A user interface control that combines a dropdown list or list box and a single-line textbox, allowing the user to select an item from the list or enter their own choice.