Hello my fellow bloggers!!!!! welcome back to this weeks blog of awesomeness and today we are going to dive into a whole new lesson in Economics, and Weserville 101!!! Well for starters WHAT is up with this CCCCRRRRAAAAAZZZZYYYY weather its all over the place ---- Anyways back to the topic economics. Well this week in economics we learned about the circular flow model. It is a really important topic in any situation along the terms of the business, household, factors, and product market. This is because this is what the model is all about. The household sell factors to businesses who give them money in turn. Then they take the factors turn them into products, and sell them back to households for money. Well that's the basic idea at least. It gets a little more complex when you involve the government. This is because of taxes, stinky government. Well there is our economics 101, and what an interesting lesson it is ya know in class we did this really cool example where we got into groups, and demonstrated the model. I would recommend it if you wanna do something fun with your friends for fast knowledge. Anyways where was I o yeah that's right. It is time for our insider to the world of Weserville well Businesses are coming to town. So far there have been some very good private investors looking into Weserville. Today we heard their top notch speeches on what they will do and provide for Weserville, but sadly we did not get to vote on what businesses we want. Its ok though because tomorrow is the day when the great, and wonderful people of Weserville will vote, and boost their ECONOMICAL STATUS!!!!!
Well thats it for this week folks check in next week to see more on Weserville, and whats happening in Economics goodbye my awesome fellow bloggers sleep well, and spend wisely. Signing off Zach Zimm Zimm with another post of awesomeness.
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