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Input–output model facts for kids

Kids Encyclopedia Facts

The different economic sectors of a country depend on each other. An input-ouptut model can be used to show these dependencies, or to show the dependencies between different regional economies. Wassily Leontief (1906–1999) is credited with developing this type of analysis and earned the Nobel Prize in Economics for his development of this model.

See also

Kids robot.svg In Spanish: Modelo input-output para niños

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Input–output model Facts for Kids. Kiddle Encyclopedia.