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An onion model used in social penetration theory. The onion model is a graph-based diagram and conceptual model for describing relationships among levels of a hierarchy, evoking a metaphor of the layered "shells" exposed when an onion (or other concentric assembly of spheroidal objects) is bisected by a plane that intersects the center or the innermost shell.
Ivory seal of Godwin, an unknown thegn – first half of eleventh century, British Museum. In later Anglo-Saxon England, a thegn (pronounced / θeɪn /; Old English: þeġn) or thane[ 1 ] (or thayn in Shakespearean English) was an aristocrat who owned substantial land in one or more counties. Thanes ranked at the third level in lay society ...
Imperial, royal, noble,gentry and chivalric ranks in Europe. Thane (/ ˈθeɪn /; Scottish Gaelic: taidhn) [1] was the title given to a local royal official in medieval eastern Scotland, equivalent in rank to the son of an earl, [2] who was at the head of an administrative and socio-economic unit known as a thanedom or thanage.
The Keynesian cross diagram is a formulation of the central ideas in Keynes' General Theory of Employment, Interest and Money. It first appeared as a central component of macroeconomic theory as it was taught by Paul Samuelson in his textbook, Economics: An Introductory Analysis .
A palace economy is a specific type of distribution system in which the economic activities of the civilization are conducted on or near the premises of central administration complexes, the palaces of absolute monarchs, or a group of priests in temple-led versions. It is the function of the palace administration to supply the producers with ...
An economic system is a type of social system. The mode of production is a related concept. [2] All economic systems must confront and solve the four fundamental economic problems: What kinds and quantities of goods shall be produced: This fundamental economic problem is anchored on the theory of pricing.
The economic model is a simplified, often mathematical, framework designed to illustrate complex processes. Frequently, economic models posit structural parameters. [1] A model may have various exogenous variables, and those variables may change to create various responses by economic variables. Methodological uses of models include ...
Basic diagram of the circular flow of income. The functioning of the free-market economic system is represented with firms and households and interaction back and forth. [2] 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 ...