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Simplify the Economy with the Circular Flow

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The circular flow model illustrates the flows of money, resources, and products throughout an economy. It’s not overly complicated, but there are some key things you should know about it. Here you will find a run down of each part of the circular flow model along with a 20 question flash review activity. 
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I would like to acknowledge the work of Dick Brunelle and Steven Reff from Reffonomics.com whose work inspired many of the review games on this site. I would also like to thank Francis McMann, James Chasey, and Steven Reff who taught me how to be an effective AP Economics teacher at AP summer institutes; as well as the countless high school teachers, and college professors from the AP readings, economics Facebook groups, and #econtwitter. 

  
Copyright © 2020 – Jacob Reed