Examlex
In the circular-flow diagram,which of the following items does not flow from households to firms?
Social Mobility
The ability for individuals or families to move within or between social strata in a society, which can result in changing social status.
Mincome Experiment
A social experiment conducted in the 1970s in Manitoba, Canada, testing the effects of providing citizens with a guaranteed minimum income.
Guaranteed Income
A system of social welfare that proposes that all citizens receive an unconditional sum of money, regardless of their employment status.
Poverty Line
The minimum level of income deemed necessary to achieve an adequate standard of living in a given country or community.
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