This week we have gone over the Circular flow model.
The Circular flow model show the cycle of money and labor between the consumer and producers.
To really learn how to understand the Circular flow model, we made life size Circular flow models out of people.
My group developed a way to show what it is by having two people walk around symbolizing money and the product being sold and four people standing in a circle to represent the producer, consumer, factors and goods.
Tune in next week to learn more about what happened in Econonmy class!
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