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Question
What Are the Four Main Parts of the Circular Flow Diagram?
What Are the Four Main Parts of the Circular Flow Diagram?
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Solution
The four main parts of a circular flow diagram are:
- Household
- Firms
- Government
- Rest of the world
Also read:
Stay connected with BYJU’S for more such questions and answers on various commerce topics.
The four main parts of a circular flow diagram are:
- Household
- Firms
- Government
- Rest of the world
Also read:
Stay connected with BYJU’S for more such questions and answers on various commerce topics.
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