It is merely a theory that explains how free enterprise works. Banks for example, a very important part of the economy, are left out. Some socities do not accept the circular flow model theory. These socities, therefore, choose another economic system other than capitalism. Socialists and communists see the role of the government in a different light than capitalists do.
2016-12-19T10:12:29-05:00. Modern presidents pro tempore, too, rarely preside over the Senate. In practice, the junior senators of the majority party typically preside in order to learn Senate procedure. The current Vice President of the United States and President of the United States Senate is Joe Biden.
The head of the Executive branch is President who is the Commander-in-chief of the Armed forces, he signs bills that become laws, and he has the cabinet to help him out with the Government and also the Vice President helps at times and the Cabinet has 15 departments in which each department has a certain job to do and the President nominates the Secretaries of the departments but the Senate has to approve them and the President has the power to veto the bills the Congress has made.