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The circular-flow diagram explains, in general terms, how the economy is organized and how participants in the economy interact with one another.
Action Alternatives
Action alternatives are the different courses of action or strategies that can be taken in response to a specific problem or situation.
Optimising Decision
Chooses the alternative giving the absolute best solution to a problem.
Absolute Best Solution
The optimal resolution to a problem or challenge, surpassing all other alternatives in effectiveness.
Minority Domination
A situation in which a smaller or less powerful group controls or influences a majority or more powerful group.
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