Stock and Flow

Stock and flow are terms used in economics and management to describe different types of data. A stock is a quantity measured at a specific point in time, like the amount of cash in a bank account or the number of employees in a company. A flow represents a rate of change over a period of time, such as income earned in a month or products produced daily. Think of a stock as a snapshot, and a flow as a video showing how that snapshot changes over time. Both are essential for understanding the dynamics within a system.