Circular Flow Diagram
0.0(0)
Studied by 4 people0%Unit 1 Mastery
0%Exam Mastery
Build your Mastery score
Multiple Choice
Call KaiSupplemental Materials
Card Sorting
1/11
Earn XP
Description and Tags
Last updated 2:23 AM on 10/1/25
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
12 Terms
1
New cards
What is number 3
Market for Goods and Services
2
New cards
What is number 1
G&S bought (Private Property/Ownership)
3
New cards
What is number 5
Households
4
New cards
What is number 4
Labor
5
New cards
What is number 7
Markets for Factors for production
Land
Labor
Capital
Entreprenuership
6
New cards
What is number 8
Factor of production (Finished product)
7
New cards
What is number 10
Firms/Companies
8
New cards
What is number 11
Goods and Services sold (distribution)
9
New cards
What is number 12
Revenue
10
New cards
What is number 9
Wages rent profit (Factor Payment)
11
New cards
What is number 6
Income (wages)
12
New cards
What is number 2
Spending (consumption)
