The circular flow model of economy in India will be disrupted by the unbalance between the firms and the labors. If the firms exploit labors, negative consequences are most likely to hit both sides...


The circular flow model of economy in India will be disrupted by the unbalance between the firms and the labors. If the firms exploit labors, negative consequences are most likely to hit both sides either in the long-run or the short-run. Based on the circular flow model of an economy, what do you think will happen if firms exploit labour. How to stop such ill practice by highlighting what problems it will bring to the overall society.



Jun 10, 2022
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