Examlex
Desertification is the degradation of semi-arid land.
Circular-Flow Diagram
An economic model that illustrates how money moves through society and the economy, from households to businesses and then back again.
Economy
An organized system of production, distribution, and consumption of goods and services within a geographical area.
Circular-Flow Diagram
A model that illustrates the movement of goods and services and money between households and businesses in the economy.
Markets
Places or systems in which parties engage in the exchange of goods, services, or information, driven by supply and demand.
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