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Figure 6 A Representation of the Economic System |
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Figure 6 A Representation of the Economic System |
The concept of the economic system described so far is shown in Figure 6 A Representation of the Economic System. This illustration indicates the workings of the physical elements within the global system associating with a scope of the economic system being situated between nature and culture. These contexts are described with red-colored terms in the previous section, 4 Metabolism Model.
It is noteworthy that Figures 4 and 6 are identical with respect to the flow of energy and the flow of information if either figure is turned to face the opposite direction.