Markets, Efficiency, and Price Signals: Crash Course Economics #19
Economy | Information | History | Online | Facts | World | Global | Money
Adriene and Jacob teach you all about markets. So, in free market(ish) economies like the United States and most of the world, markets are a big deal. Markets work to produce the stuff that consumers want, and that society needs. Today we'll talk about productive and allocative efficiency, skinny jeans, price signals, and more in this information-dense installment of Crash Course. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Comments
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so helpful!
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I'm watching on my iPod Touch. Bet you didn't think of that.
Too bad Apple will pull the Touch from shelves sooner rather than later because of allocative efficiency -
you -
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Talk about propaganda!
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appreciate the effort guys, but I'll always hate economics
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The background is a bit too white and bright, it hurts eyes when watch multiple clips at once
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This is a shamefull and stupid video. I love this playlist, but how can smart People believe so much in hyopothesis without data confirmation?
Where does Wall Mart have this string competition made by the elevation of prices? Empowerement by consumption? Ok, i will not by cell phone from slavery-like Labour. ops... THERE ISN'T ANY!
Man, disgusting. -
love this youtube channel for its educational information. 💕👌👏
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Ain´t going to argue that we buy the stuff that we
want, but i think that u are forgetting the power of advertisement over the people
that’s why i think that we still need some regulation in order to protect the people
for them self chosen, taken by the advertisement forces or am i wrong? -
Lowkey expected the real ending to be another fake ending...
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I want that mongol tshirt
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machine gun editing = 0% information retention
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9:01 HAHAHAHAHAHAHAHAHAH LOOOOOOLLLLLL!
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Amazon actually does make a tablet that doesn't sell for $20 but it goes on sale for $30 :D
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You can't fix capitalism. Proof of it is just looking at the world today.
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I would greatly appreciate if everyone in crash course spoke slower. I cannot concentrate, I end up watching videos multiple times over again because I miss things that were said or could not process them quick enough. Crash course is a great source of information, but too bad I cannot use it.
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I'm watching this on my iPad in skinny jeans...
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FTC is bullshitting their report. its just playing politics and getting in bed with special interest/lobbying groups notably the cronies.
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The fake Mark Cuban snapped at 8:50 lmfao
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