Supply and Demand: Crash Course Economics #4
In which Adriene Hill and Jacob Clifford teach you about one of the fundamental economic ideas, supply and demand. What is supply and demand? Well, you'll have to watch the video to really...
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Mr. Clifford: I'm Mr. Clifford... and this is Adriene Hill, welcome to Crash Course economics. Let's start by talking about something that most people take for granted. Adriene: Is it grocery stores, is it the census, is it GPS, is it goldfish, is it frogs? Oh, it's probably these strawberries, right? Mr. Clifford: No, I was gonna say markets. Adriene: But, strawberries are great. Mr. Clifford: Yeah, but where do you think strawberries came from? Adriene: The ground, the farmer, the market, the grocery store, the miracle of life? Mr. Clifford: Now look around you. Where did all that stuff come from? And who made it? And why? Well, the answer is simple, but it's underrated. It's markets, and for most of us farms and factories and stores, b...
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Mr. Clifford: I'm Mr. Clifford... and this is Adriene Hill, welcome to Crash Course economics. Let's start by talking about something that most people take for granted. Adriene: Is it grocery stores, is it the census, is it GPS, is it goldfish, is it frogs? Oh, it's probably these strawberries, right? Mr. Clifford: No, I was gonna say markets. Adriene: But, strawberries are great. Mr. Clifford: Yeah, but where do you think strawberries came from? Adriene: The ground, the farmer, the market, the grocery store, the miracle of life? Mr. Clifford: Now look around you. Where did all that stuff come from? And who made it? And why? Well, the answer is simple, but it's underrated. It's markets, and for most of us farms and factories and stores, b...
