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.
President of the Senate. The president is the principal leader of the Senate. In about 26 states, the lieutenant governor serves as the president of the Senate, and many of these duties are assumed by the president pro tem.