A firm willeventually go out of business if it continues to incur losses. ECONOMICS IN ACTION, ' NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y. 91 THE CIRCULAR FLOW OF ECONOMIC ACTIVITY-LESSON 10.
INTRODUCTION Tennesseeâs legislative branch of government is dominated by a bicameral General Assembly consisting of both a Senate and House of Representatives.This structure has existed since the Assemblyâs first meeting in Knoxville in the winter of 1796, following which Tennessee became the 16th state in the Union.NTRODUCTION Tennesseeâs legislative branch of government is dominated by a bicameral General Assembly consisting of both a Senate and House of Representatives.
The three branches of government are the legislative branch, the executive branch, and the judicial branch. The head of the federal legislative branch of government is Congress. The head of the state legislative branch of government is the state legislature.