Instructional Video

Sophia: The Circular Flow Model

Curated by ACT

Enhance the learning process by using this video tutorial to better understand circular flow models and the relationship between households, markets, and firms in a competitive market. [12:37]

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Additional Tags
circular flow, competitive market, product market, production possibilities, resource market, sophia, sophia learning, circular flow diagram
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Classroom Considerations
  • Knovation Readability Score: 2 (1 low difficulty, 5 high difficulty)