circular flow diagram

Popular Terms
A depiction of how money and products are exchanged within an economy. A circular flow diagram might be used by a business to show how a specific series of exchanges of goods, services and payments make up the building blocks of a given economic system of interest.

Use 'circular flow diagram' in a Sentence

The circular flow diagram was presented in the meeting to add a visual element to the presentation in hopes of increasing understanding.
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I had to take another look at the circular flow diagram to see if anything was different than the previous time I looked at it.
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Now, if you look closely at our circular flow diagram, you'll see we've drawn a picture of a cute little piggy for the bribe outflows.
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