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  2. Circular flow of income - Wikipedia

    en.wikipedia.org/wiki/Circular_flow_of_income

    The circular flow of income or circular flow is a model of the economy in which the major exchanges are represented as flows of money, goods and services, etc. between economic agents. The flows of money and goods exchanged in a closed circuit correspond in value, but run in the opposite direction.

  3. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    Also called circular flow model. A model of the economy in which the major exchanges are represented as flows of money, goods and services, etc. between economic agents. The flows of money and goods exchanged in a closed circuit correspond in value, but run in the opposite direction. The circular flow analysis is the basis of national accounts ...

  4. Leakage (economics) - Wikipedia

    en.wikipedia.org/wiki/Leakage_(economics)

    The model is best viewed as a circular flow between national income, output, consumption, and factor payments. Savings, taxes, and imports are "leaked" out of the main flow, reducing the money available in the rest of the economy. Imported goods are one way this may happen, transferring money earned in the country to another one. [1]

  5. Transport phenomena - Wikipedia

    en.wikipedia.org/wiki/Transport_phenomena

    In the situation of laminar flow in circular tubes, several dimensionless numbers are used such as Nusselt number, Reynolds number, and Prandtl number. The commonly used equation is =. Natural or free convection is a function of Grashof and Prandtl numbers. The complexities of free convection heat transfer make it necessary to mainly use ...

  6. Glossary of chemistry terms - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_chemistry_terms

    Also acid ionization constant or acidity constant. A quantitative measure of the strength of an acid in solution expressed as an equilibrium constant for a chemical dissociation reaction in the context of acid-base reactions. It is often given as its base-10 cologarithm, p K a. acid–base extraction A chemical reaction in which chemical species are separated from other acids and bases. acid ...

  7. Circular economy - Wikipedia

    en.wikipedia.org/wiki/Circular_economy

    A circular economy (also referred to as circularity or CE) [1] is a model of resource production and consumption in any economy that involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products for as long as possible.

  8. Flow diagram - Wikipedia

    en.wikipedia.org/wiki/Flow_diagram

    Circular flow of income; Control flow diagram, a diagram to describe the control flow of a business process, process or program; Cumulative flow diagram, a tool used in queuing theory; Functional flow block diagram, in systems engineering; Data flow diagram, a graphical representation of the flow of data through an information system

  9. Molecular model - Wikipedia

    en.wikipedia.org/wiki/Molecular_model

    A molecular model is a physical model of an atomistic system that represents molecules and their processes. They play an important role in understanding chemistry and generating and testing hypotheses .

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