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\nUnderstanding the Circular Flow of Income in Economics\n

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\n\nPublisher:\n\nCurated Video\n\n\n
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\nThe video discusses the circular flow of income and how it provides a basic framework for understanding how economic systems work. The interaction between producers and consumers is explained. The importance of achieving economic growth...\nThe video discusses the circular flow of income and how it provides a basic framework for understanding how economic systems work. The interaction between producers and consumers is explained. The importance of achieving economic growth is emphasized, and the aspects that fuel or reduce economic growth are explored. The multiplier effect is also explained as an avenue for creating a greater increase in income.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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4:20
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
3 more...
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Media Type
Instructional Videos
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Source:
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\nKnowMo Economics\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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Concepts

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economics, income, economic growth, money, factors, consumers, economy, producers, resources, taxes, governments
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Additional Tags

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a-level, snapshots, summary, macro, slide, 31, circular, flow, of, circular flow, purchasing power, economic system, goods, leakages, services, start, reward, injections, order, investment, amount, understanding, important, level
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Understanding the Circular Flow of Income in Economics\" href=\"/subscription/new\">\"Understanding\n\n
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