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DescriptionEnergy-and-economics1.png
English: A more comprehensive and accurate model of how real economic systems work. This is the minimal conceptual model that we would accept to represent how real economies actually work. Natural energies drive geological, biological, and chemical cycles that produce natural resources and public service functions. Extractive sectors use economic energies to exploit natural resources and convert them to raw materials. Raw materials are used by manufacturing and other intermediate sectors to produce final goods and services. These final goods and services are distributed by the commercial sector to final demand. Eventually, non-recycled materials and waste heat return to the environment as waste.
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Source https://biophyseco.org/biophysical-economics/what-is-biophysical-economics/
Author Charles A.S. Hall

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current05:18, 28 September 2022👁 Thumbnail for version as of 05:18, 28 September 2022
980 × 673 (644 KB)1redfox (talk | contribs)Uploaded a work by Charles A.S. Hall from https://biophyseco.org/biophysical-economics/what-is-biophysical-economics/ with UploadWizard

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