Examlex
Why is the development of eight types of gender by John Money important? Use at least three of these types in your answer.
Factor Market
A marketplace where factors of production (e.g., labor, capital, land) are bought and sold.
Circular-Flow Diagram
A visual model of the economy that shows the flow of money, goods and services, and factors of production between households and businesses.
Firms
Businesses or companies that produce goods or provide services with the aim of making a profit.
Resources
Assets and inputs used to produce goods and services, such as time, labor, capital, and natural resources.
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