Input-Output Framework

The Input-Output Framework is a way to understand how different parts of an economy or system interact. It maps out how resources, goods, or services (inputs) flow into various sectors, and how these sectors produce outputs that may become inputs for other sectors or reach consumers. This approach helps analyze economic relationships, quantify how changes in one area affect others, and assess overall productivity. Essentially, it’s a structured way to visualize and measure the interconnected processes that drive production and consumption within an economy.