Circular Flow Chart Of Economic Activity

Circular Flow Chart Of Economic Activity Circular Flow Ofreal Economic Activity 6 1 2017 0
Circular Flow Chart Of Economic Activity Circular Flow Ofreal Economic Activity 6 1 2017 0

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the circular flow of economic activity
The Circular Flow of Economic Activity

A flowchart is a type of diagram that represents an algorithm, workflow or process. Flowchart can in addition to be defined as a diagramatic representation of an algorithm (step by step gate to solve a task).

The flowchart shows the steps as boxes of various kinds, and their order by connecting the boxes next arrows. This diagrammatic representation illustrates a solution model to a unmodified problem. Flowcharts are used in analyzing, designing, documenting or managing a process or program in various fields.


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economic activity

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Flowcharts are used in designing and documenting simple processes or programs. in the manner of further types of diagrams, they encourage visualize what is going upon and thereby support comprehend a process, and perhaps in addition to locate less-obvious features within the process, gone flaws and bottlenecks. There are swap types of flowcharts: each type has its own set of boxes and notations. The two most common types of boxes in a flowchart are:

a government step, usually called activity, and denoted as a rectangular box.
a decision, usually denoted as a diamond.
A flowchart is described as “cross-functional” past the chart is at odds into exchange vertical or horizontal parts, to portray the run of alternative organizational units. A tale appearing in a particular ration is within the rule of that organizational unit. A cross-functional flowchart allows the author to correctly locate the responsibility for temporary an play a part or making a decision, and to show the answerability of each organizational unit for every second parts of a single process.

Flowcharts depict definite aspects of processes and are usually complemented by supplementary types of diagram. For instance, Kaoru Ishikawa, defined the flowchart as one of the seven basic tools of setting control, next-door to the histogram, Pareto chart, check sheet, rule chart, cause-and-effect diagram, and the scatter diagram. Similarly, in UML, a conventional concept-modeling notation used in software development, the commotion diagram, which is a type of flowchart, is just one of many alternating diagram types.

Nassi-Shneiderman diagrams and Drakon-charts are an rotate notation for process flow.

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Common rotate names include: flow chart, process flowchart, full of zip flowchart, process map, process chart, in force process chart, situation process model, process model, process flow diagram, play-act flow diagram, matter flow diagram. The terms “flowchart” and “flow chart” are used interchangeably.

The underlying graph structure of a flowchart is a flow graph, which abstracts away node types, their contents and new ancillary information.

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Circular Flow of Economic Activity ppt video online

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