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Monday, October 21, 2019

What causes an economic recession?

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If you are teaching a course in economics, business or similar you might want to use this Ted Ed lesson on recession.  According to their website, "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."  To see the website click here.

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