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The five sector model/circular flow of income is an important concept in economics.
In this video, I'll take you through how the model works, including the sectors involved (households, firms, the financial sector, government and the international sector) and the income flows between them.
We'll also look at the relationship between injections and leakages.
Here are some additional posts to help you with this concept:
mrsymonds.com/blog/the-five-sector-model-aka-the-circular-flow-of-income
mrsymonds.com/blog/the-five-sector-model-circular-flow-of-income-and-economic-growth
Questions in the comments!