Hi guys, Welcome to the Advanced Video Search Engine, and you are watching The Free Market: Competition, Monopolies, and the Dynamics of Innovation. That video is uploaded by Sprouts at 2023-02-16T02:12:27-08:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [CF3Vewf7-H8]
| Name | The Free Market: Competition, Monopolies, and the Dynamics of Innovation |
| Video Uploader | Video From Sprouts |
| Upload Date | This Video Uploaded At 16-02-2023 10:12:27 |
| Video Discription | In a free market, unlimited human wants often meet sellers with limited supplies. In such a place, competition is usually a force of good. It leads to more choice, increases the quality of products on offer and reduces their prices. If competition is absent, monopolies can form. And that's a problem. Learn about the basic benefits of competition. SUPPORT us in creating more videos about free market economics ❤️ https://www.patreon.com/sprouts DOWNLOAD video without ads and background music 🤫 https://sproutsschools.com/video-lessons/ SIGN UP to our mailing list and never miss a new video from us 🔔 http://eepurl.com/dNU4BQ SOURCES and teaching resources 🎓 https://sproutsschools.com/competition-price-and-monopolies/ VISIT our website 🌐: www.sproutsschools.com CONTRIBUTE by upvoting your favorite topic or suggesting new ones☑️ : https://sprouts.featureupvote.com/ THANKS to our patrons This video was made with the support of our Patrons: Alex Rodriguez, Andrea Basillio Rava, Angela, ArkiTechy, Artur, azad bel, Badrah, Cedric.Wang, Daniele Diniz, David Markham, Delandric Webb, Digital INnov8ors, Dr. Matthias Müller-Mellin, Duane Bemister, Eva Marie Koblin, Fatenah G Issa, Floris Devreese, Frari63, Gerry Labelle, Ginger, Harmoniac Design, ICH KANN DEUTSCH UND ES WAR EINFACH!, Jana Heinze, Jannes Kroon, Jeffrey Cassianna, Jim Pilgrim, Joanne Doyle, John Burghardt, Jonathan Schwarz, Jorge Luis Mejia Velazquez, jun omar ebdane, Khadijah Sellers, Leonel, Linus Linderoth, Liskaya, Marcel, María, martin, Mathis Nu, Mezes.Macko, Michael Paradis, Mindozone, Natalie O’Brien, Nicki, Okan Elibol, Oweeda Newton, Peter Bishop, Raymond Fujioka, Roel Vermeulen, Scott Gregory, scripz, Sebastian Huaytan Meder, Si, Stefan Gros, Stephen Clark, Stuart Bishop, Susan Schuster, Takashi HIROSE, Thomas Aschan, Tristan Scifo, Victor Paweletz, Yvonne Clapham, Zlatko Minev and all the others.Thank you! To join them visit www.patreon.com/sprouts COLLABORATORS Script: Jonas Jaquet and Jonas Koblin Script Editor: Morgan Lizop Fact-checking: Ludovico Saint Amour Di Chanaz Artist: Pascal Gaggelli Voice: Mithrilda Coloring: Nalin Editing: Peera Lertsukittipongsa Sound Design: Miguel Ojeda Production: Selina Bador SOUNDTRACKS Tarantella - Adieu Adieu DIG DEEPER with these top videos and articles: Listen to the insights of former Uber’s chief economist John List and learn why competition makes it so difficult for Uber to increase the money their drivers earn — even adding tips didn’t work. https://www.econtalk.org/john-list-on-scale-uber-and-the-voltage-effect/ Read about Uber's surge pricing in this case study. https://economicsforlife.ca/wp-content/uploads/2015/10/effects_of_ubers_surge_pricing.pdf Read about cartels and why it's good for society to have strong laws that fight them. https://www.econlib.org/library/Enc/Cartels.html Competition, and good overview by Wolfgan Kastper from the Econlib https://www.econlib.org/library/Enc/Competition.html Play Monopoly or Catan to learn how demand, supply and monopolies lead to winners and losers. https://en.wikipedia.org/wiki/Monopoly_(game) https://en.wikipedia.org/wiki/Catan SOURCES https://en.wikipedia.org/wiki/Competition_(economics) https://en.wikipedia.org/wiki/Monopoly https://en.wikipedia.org/wiki/Supply_and_demand CLASSROOM ACTIVITY Visit our website to learn more about suggested active learning activity on this topic! CHAPTER 00:00 Introduction 00:21 The definition 01:00 The full story 01:15 Competing on price 01:44 Non-price competition 02:12 Free market scenario 02:41 Spectrum of competition 03:18 Monopoly 03:46 Summary 04:06 Tell us how you would compete 04:34 Patrons credits 04: 43 Ending #sproutslearning #economics #competition #price #monopoly CF3Vewf7-H8 |
| Category | Education |
| Tags | education | learning | science | sprouts |
