What is Economics? An Intro to Economics
Welcome to an introduction to economics! In a basic sense, economics is the study of the choices people make to satisfy their wants and needs with a limited supply of resources. In this video, you'll learn about the difference between wants and needs, goods and services, the concepts of resources and scarcity along with the three basic economic questions.
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Music (all copyright free in YouTube Audio Library):
The Curious Kitten - Aaron Kenny
Everything You Wanted - Dan Lebowitz
Twilight Train - Dan Lebowitz
Jeremiah's Song - Dan Lebowitz
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