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taxes, loans, and interest rates

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taxes and loans

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Taxes, imports and exports

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Leakages and Injections

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Imports and exports

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Conversion Rates

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Add imports, trade with other countries, and taxes to the diagram

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Imports and exports can be added to the diagram.

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global trade, taxes

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Taxes, imports, exports

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Taxes and relief

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Trade (imports/exports) and government (spending/taxes)

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Injections, leakages, government influence and financial institutions and programs

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The government collects taxes from everyone in order to also provide goods and services like road infrastructure; it also increases the amount of money circulating, influencing the demand of other goods and services. Banks borrow money, increasing the purchasing power of institutions.

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Income and spending could be added

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Government taxes - Boarder security, Military, Welfare, relief in other countries.

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Taxes set by the government.

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Imports and exports can be added to the diagram and the government.

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Government taxes

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Government should be added, and this would create two pathways for money and goods to flow; The formal government-regulated market, and informal market.

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investments

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Taxes and government funding

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government influence

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Global trade, with imports and exports could be added in another bubble, as well as a government bubble. With taxes and expenditures etc.

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Another factor that can be added to the diagram is Government policies (financial, expenditures, resources, global trades)

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Social program investment and productivity.

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Government policies, taxes, etc.

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Things that could be added into this diagram is government interventions such as taxes or money incentives

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government and net taxes

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A government box could be added representing taxes and government spending. This would show how the government affects the economy.

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Government cash flows such as taxes and subsidies, global trade with imports and exports, financial markets

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Government subsidies, taxes, and tariffs

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Taxation and loans are not in this diagram.

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where only some of our income goes to the product market. For example, how much of our income goes into a savings account. And although a bank can be considered a service, the circular flow diagram does not include external markets like loans, interest and what not.

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Government influence and global trade

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1. Finances and government sector- taxes, mortgage/ renting costs, costs associated with production of goods and services

2. Environmental impact- greenhouse gasses from production of goods and services, water pollution

3. Foreign sector- imports/ exports

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Taxes, Loans and interest rates

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Governmental influence, including market influence and taxation.

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Any government cash flow like taxes, funding, incentives could all be added

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Imports/exports, waste removal, environmental fees/taxes

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solar energy

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I think it is fair to say that additional inefficiencies in the circular flow diagram could be money spent on goods that are never produced or received. A big one that comes to mind is a crop failure; money is spent on inputs and perhaps an insurance payment is made, all for something that is never utilized by anyone.

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The government is an important part that has been left out of this diagram, along with financial markets and the overseas sector.

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Imports and Exports play a huge roll in our global economy

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taxes

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Land can be added because as we "buy and sell" to move around what we need and then we have free land at times and then full land.

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taxes and federal funding

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We've completely left out the government and their role within the economy (policies, subsidies, public services, etc.), as well as international trade.

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The unpaid care economy is essential, as highlighted within Doughnut Economics. 

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The unpaid care economy is essential, as highlighted within Doughnut Economics. 

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Government Expenditures, Private Savings, Publics Savings

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Loans, Savings, Interest

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Net Taxes

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Savings, investments, imports, and exports could be added.

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Government taxes

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Government taxes and subsidies

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government and overseas sector

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Federal funding and taxation

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Environmental impacts and costs

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Government-imposed pollution subsidies?

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On the arrow from households, to markets, they could consider the labor, land and capital that households bring to the market.

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Government spending and "borrowing". Taxes brought forward by the government, etc.

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Government funding, subsidies , taxation, tarrifs on export and import etc.

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Supplemental monetary grants from the government. Such as unemployment insurance and student loans.

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Another factor that can be added to the model is oversees sector. Introducing the imports and exports section.

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Government imposed taxes

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Raworth also included the idea that the arrows should be redrawn to show that there is an unequal flow of money, specifically many get low wages while few get high rents.

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As Kate Raworth said, unpaid care economy should be added, the stay home mothers and people who look after the elderly. They are an important part that has been left out. - Jessica Hillman