What is a Market Economy?

This video looks at a market economy. It analyzes the different advantages and disadvantages of the economy and explains how life is in this economy.

[emilyxu]

i'm here cuz we have online learning rn and my teacher has a million links to your videos that we need to watch

[cocoquinnshorts]

POV: You are here ‘cuz your teacher sent you. The only thing keeping you entertained is the comments. You read the comments while the video is playing but you miss the entire video so you have to watch it again.
Lol

[seeromaniepersaud]

POV: you are sent by the teacher from online school

[vishmikaamavi]

Hello ! Exactly this was what I was searching to learn my economic system lesson. Great explanation. Love from Sri Lanka

[AlekseyNekhayev]

Excellent content! I'm using your videos and the notes for my Social Studies lessons with Grade 8 in Thailand. Thanks a lot!

[Maggie-sjdv]

Everyone: here because their teacher sent them or they are in an economics class
Me: Here because she just wants to be here

[Vincent-odcx]

for next week's debate … the finale exam is the debate between market economy and planned economy...

[jessicaabam]

You need to make a video on functionings of the market economy

[Dark_K]

im going to be smart now thank you mr. sinn

[russelkingcadiang]

what is the different between market economy and market system?

[graceokogo]

Thanks for the video. please do you have any ideas about What are the similarities between the social networking site and a market?

[sharifahfitrah]

Hi, may i know the answer oh key issue regarding of economic which best alternatives, best choices n etc. I need an explaination of it

[AbdulWasayTariq]

Where is guided notes, I cant find in commments

[zariatai]

When you realize you have to pay for the guided notes

My money: you do not have the facilities for that big man

[bishalsingha]

Honestly, I'm not an eco student. I'm here just to know what it is?

[romitaroy]

Corbin spends his entire income on the consumption of two goods X and Y. Explain what would happen to the equilibrium consumption of two goods, X and Y, if (a) income doubled and all prices tripled, (b) all prices doubled and income tripled, and (c) all prices and income doubled. In each case, show the effects when both goods are normal goods and when one good is a normal good and the other an inferior good

Sir please answer this. I have to submit it in a couple of hours. I beg of your help Sir

[carinagarcia]

I can not find the guided notes, I think it would help my class

[lancehitchcock]

I would add to the explanation of disadvantages, such systems do produce sufficient basic needs it is just that due to uneven distribution of income, not everyone can afford those goods & services. However, this potential for low quality of life does act as an incentive to strive per Adam Smith that we act economically out of regard for self interest.

Also, when mentioning the uneven distribution of income, you should note this is a function of all economic systems and not just capitalism. For instance, in Middle Ages Europe (a tradition system) you had a wide range of wealth levels from nobility to serf. Likewise in the Soviet Union (command system/socialism) you had the wealthy party leaders and a range all the way down to the average citizen.

[christopherbormann]

I am here because I have two make I diary of someone in a market economy. I'm probably going to fail:)

[nataliewest]

POV you were sent here by your teacher and the comments are the only things keeping you entertianed