Economy, asked by mishrashreya29, 6 months ago

explain circular flow of income in easy words class 12macroeconomics

Answers

Answered by Anonymous

5

The circular flow means the unending flows of production of goods and services, income and expenditure in an economy. It shows the redistribution of income in a circular manner between the production unit and households. These are Land, Labour, Capital and Entrepreneurship.

please like

Previous Question

Next Question

Similar questions

Social Sciences, 3 months ago

23. Describe the farming activities of big farmer 24. Trine any four reasons why forests are important for of the following 24u...

Geography, 3 months ago

question delete mata karo biiᕙ(⇀‸↼‶)ᕗ...

Math, 3 months ago

28. H.C.F of 5p3q – pq3 and 20p5q 2 – p 2q 5 is Page 6 of 8 (a) Pq(p2 -q 2 ) (b) Pq(p-q) (c) None (d) Both a and b 29. H.C.F of 5x2 y 2 and 20x3 y 3 is (a) 5x2y^2 (b) 20 x^3y^3 (c) Both a and b (d) None 30. H.C.F of x2 – 5x + 6 and x2 – x – 6 is (a) X -3 (b) X +2 (c) X+4 (d) X+8 31. H.C.F of x2 + 3x + 2, x2 + 4x + 3 and x2 + 5x + 4 (a) X + 1 (b) (x+4) (x+1)...

Math, 6 months ago

1 greater or equal to 1. is the condition true or false...

Math, 6 months ago

If cos x = -4/5,x is in II Quadrant then finu the value tan x...

Economy, 10 months ago

1. The problem of measuring utility of money — (A) Money has no weight (B) Marginal utility of money is not fixed (C) Money has the highest utility (D) None of the above...

Science, 10 months ago

Which is the nearest Black whole from our Galaxy milki...

Science, 10 months ago

write the observation of classification of plants...