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Concept
Stock And Flow
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Summary
Stock and flow
are
fundamental concepts
in
system dynamics
, where 'stock' represents the
accumulation of resources
or
quantities at a particular point in time
, while 'flow' refers to the
rate at which stock is increased
or decreased over time. Understanding the relationship between
Stock and flow
is crucial for analyzing and
managing systems
in
fields such as economics
, ecology, and engineering.
Relevant Degrees
Economic Theory and Concepts 71%
Business Administration 29%
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