The Simple Circular Flow Model Shows That Workers and Owners

question 119

Multiple Choice

The simple circular flow model shows that workers and owners of land and capital offer their services through:

• A)​product markets.
• B)​factor markets.
• C)​money markets
• D)​government.

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Definitions:

Media Ownership in Canada

The control and ownership of media enterprises (TV, radio, newspapers, etc.) within Canada, which is noted for its concentration in a few large companies.

Biasing Mechanisms

The underlying processes or factors that lead to bias, affecting judgment, decision-making, or the equitable treatment of individuals or groups.

Herman and Chomsky

Edward Herman and Noam Chomsky, authors of the "Manufacturing Consent" theory, which critiques the media's role in propagating elite interests.

Mass Media

Various platforms of communication that are capable of reaching a large audience, including television, newspapers, radio, and the internet, often used for disseminating information, entertainment, and advertising.