Use the Idea of the Circular Flow Diagram to Explain

question 88

Essay

Use the idea of the circular flow diagram to explain why the value of production equals total income equals total expenditure.

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Definitions:

Racial Diversity

The inclusion and representation of individuals from a variety of racial and ethnic backgrounds in a group or organization.

Ethnic Diversity

Ethnic diversity refers to the presence of multiple ethnic groups within a given society, each with its distinct culture, traditions, and sometimes language.

Genocide

The deliberate and systematic extermination of a racial, ethnic, national, or cultural group.

Tutsis

An ethnic group in Rwanda and Burundi, who were historically one of the principal groups involved in the region's social and political dynamics.