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.
The United States Constitution states that the Vice President of the United States is the President of the Senate, despite not being a senator, and that the Senate must choose a president pro tempore.
Rating Newest Oldest. Best Answer: No, the Speaker of the House is the leading position in the House of Representatives, not the Senate. The most powerful Senate position is the Senate Majority Leader. The official chair of the Senate is the Vice President, but the V.P. rarely officiates, except on particularly formal occasions, unless there's a likelihood of casting a tie-breaking vote.