Figure 2-10 -Refer to Figure 2-10.In the Circular Flow Diagram,market K Represents

question 2

Multiple Choice

Figure 2-10
-Refer to Figure 2-10.In the circular flow diagram,market K represents

• A)households.
• B)product markets.
• C)firms.
• D)factor markets.

---

Definitions:

Militias

Armed groups formed by civilians to provide defense or military service for a community or country, especially in times of emergency.

Full Citizenship

The status of having all the rights, duties, and privileges granted by a nation to its inhabitants, including voting, legal protections, and the right to participate in civic life.

Hereditary Aristocracy

A social class that inherits titles, privileges, and lands, passing them down through generations within families.

Natural Rights

Fundamental human rights based on universal natural law, rather than on laws made by humans, including life, liberty, and the pursuit of happiness.