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| Name | Scarcity and Opportunity Cost | Economics Explained |
| Video Uploader | Video From Federal Reserve Bank of St. Louis |
| Upload Date | This Video Uploaded At 31-01-2023 19:33:52 |
| Video Discription | What is scarcity? What is opportunity cost? This video explains economic concepts such as scarcity and opportunity cost and how they lead to making financial choices. Interested in learning more? Visit our website for more economics lessons and resources: https://www.stlouisfed.org/education/exploring-economics-video-series/scarcity 00:00 - Intro 00:10 - Scarcity Example 01:19 - Opportunity Cost Explained 02:59 - Scarcity & Opportunity Cost Summary Follow us: Twitter: https://twitter.com/stlouisfed Instagram: https://www.instagram.com/stlouisfed/ LinkedIn: https://www.linkedin.com/company/stlouisfed Facebook: https://www.facebook.com/stlfed #economy #economics #inflation #choices #finance #money #teacher #students fSo777le8qo |
| Category | Education |
| Tags | St. Louis | the fed | federal reserve | federal reserve bank of st. louis | scarcity | opportunity | cost | money | economics | finance | decisions | choices | choice | inflation | interest | interest rates | gdp | teachers | students | kids | class | school | lessons | consumer | goods | product | government |
