Question

Name any two markets in the circular flow

Answer 1

1⃣Two sector circular flow

2⃣Two market circular flow

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Answer 2

There are two markets available in the basic version of circular flow.

It includes resource markets and product markets.  

When it comes to product markets, it is a blend of various markets in this economy which exchange the final services and goods.

The resource market is the blend of various markets which exchange the overall services of economy’s resources or production factors that includes capital, labour, land and much more.