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Showing posts with the label AugenblickStudios

Richard Coffin's perspective on the root cause of economic recessions

How can factors like inflation, supply and demand, and interest rates trigger recessions? Learn the economic basics of modern markets. -- For millennia, the people of Britain had been using bronze to make tools and jewelry, and as a currency for trade. But around 800 BCE, that began to change: the value of bronze declined, causing social upheaval and an economic crisis— what we would call a recession today. So what causes recessions? Richard Coffin digs into the economic fluctuations that affect our modern markets. Lesson by Richard Coffin, directed by Augenblick Studios. Animator's website: Educator's channel: Sign up for our newsletter: Support us on Patreon: Follow us on Facebook: Find us on Twitter: Peep us on Instagram: View full lesson: Thank you so much to our patrons for your support! Without you this video would not be possible! Felipe Hoff, Rebecca Reineke, Cyrus Garay, Victoria Veretilo, Michael Aquilina, William Biersdorf, Patricia Alves Panag