Supply & Demand Lesson for Kids: Definition & Examples
3:01
Study.com
Supply & Demand Lesson for Kids: Definition & Examples
Supply and demand are key factors that affect the economy. Learn the definitions of supply and demand, how they are related to one another, and discover the ways in which they influence the price of goods
74K viewsFeb 25, 2020
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The law of supply and demand is often misunderstood and misconstrued, and it has downstream effects for our understanding of economics. In this video, Learn Liberty Basics establishes supply and demand as ever-changing RELATIONSHIPS, not constants. We also lay out some of the early history of our idea of supply and demand. Be sure to check out the Learn Liberty Blog, too! You can read more about the tendency to understand economics as just charts and graphs here: https://www.learnliberty.org/blo
5:48
The law of supply and demand is often misunderstood and misconstrued, and it has downstream effects for our understanding of economics. In this video, Learn Liberty Basics establishes supply and demand as ever-changing RELATIONSHIPS, not constants. We also lay out some of the early history of our idea of supply and demand. Be sure to check out the Learn Liberty Blog, too! You can read more about the tendency to understand economics as just charts and graphs here: https://www.learnliberty.org/blo
FacebookLearn Liberty
482.6K viewsFeb 7, 2023
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