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Crash Course Economics - Season 1 Episode 7
In which Adriene and Jacob teach you about how and why prices rise. Sometimes prices rise as a result of inflation, which is a pretty normal thing for economies to do. We'll talk about how across the board prices rise over time, and how economists track inflation. Bubbles are a pretty normal thing for humans to do. One item, like tulips or beanie babies or houses or tech startups experience a rapid rise in prices. This is often accompanied by speculation, a bunch of outrageous profits, and then a nasty crash when the bubble bursts. People get excited about rising prices, and next thing you know, people are trading their life savings for a tulip bulb.
- Umwaka: 2016
- Igihugu: United States of America
- Ubwoko: Documentary
- Sitidiyo: YouTube
- Ijambo ryibanze: economy, economics
- Umuyobozi:
- Abakinnyi: Adriene Hill, Jacob Clifford