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Circular Flow
Model Economics
Circular Flow
of Income
Economic Flow
for Learners
Circular Flow
Model Explained
Circular Flow
of Money
The Circular Flow
of Economic Activity
Economic Circular Flow
Diagram Explained
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Jason Welker
The Circular Flow Model of a Market Economy
By this point in your course you may have learned the definition of a market: A place where buyers and sellers meet to engage in mutually beneficial exchanges. But what is a market economy? Two basic types of markets exist in any market economy: resource markets and product markets. The exchanges that take place in these markets benefit both ...
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