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 President of the Senate is a title often given to the presiding officer of a senate, and is the speaker of other assemblies.he President of the Australian Senate is a senator, traditionally a member of the governing party or coalition, elected by the Senate at the beginning of each parliament as the first item of business. They are assisted by a Deputy President who is traditionally a member of the largest opposition party.