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Scarcity in economics - definition
 
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Scarcity is the fundamental economic problem of having seemingly unlimited human wants and needs in a world of limited resources. It states that society has insufficient productive resources to fulfill all human wants and needs. Alternatively, scarcity implies that not all of society's goals can be pursued at the same time; trade-offs are made of one good against others. In an influential 1932 essay, Lionel Robbins defined economics as "the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses. Reference: http://en.wikipedia.org/wiki/Scarcity Created at http://www.b2bwhiteboard.com
Views: 40537 B2Bwhiteboard
What is Economics?
 
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http://economicsdetective.com/ The typical first-year student walks into his first economics class with very little idea of what economics is. He might have heard something like, "economics is the study of money", or "economics is another word for accounting", or "economics is hard, don't take that class", but none of those are true. "Economics is the study of the use of scarce resources that have alternative uses." That's the classic definition of economics. Basically, there are people, and people need resources to fulfil their desires. These resources cannot be infinite, but the desires can be, so people need to make choices about how to use their scarce resources. Economists study these choices. All economic questions fall into one of two categories: positive and normative. Positive economics describes "what is" and normative economics argues for what ought to be, so a question like, "why do people use money?" is a positive question and "should people use money?" is a normative question. A general rule of thumb is that if your economic model has no value judgements, it's positive economics, and if it does have value judgements it's normative economics, since to tell someone what he ought to do, you first have to judge what is best for him. Economics is also divided into microeconomics and macroeconomics. Microeconomics studies the behaviour of individual agents and markets, while macroeconomics studies the behaviour of the entire economy. Economists also have their own branch of statistics called "econometrics" that's specialized to analyzing economic data. Since economic data usually comes from the real world, and not from controlled experiments, econometrics faces mathematical challenges that other fields might not. The tools economists have developed to study human behaviour have broad uses outside of what we would traditionally consider economics. Economists study not only markets, but things like crime, war, the family, religion, culture, politics, law, and even genetics. That's why it's not unusual to see papers by psychologists, sociologists, criminologists, political scientists, anthropologists, biologists, neuroscientists, or legal scholars being co-authored by economists.
Views: 768583 The Economics Detective
What is SCARCITY? What does SCARCITY mean? SCARCITY meaning - SCARCITY definition & pronunciation
 
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✪✪✪✪✪ WANT VIDEO LIKE THIS ONE? ORDER IT HERE FROM INDUSTRY EXPERTS - http://bit.ly/2IlNl98 ✪✪✪✪✪ ✪✪✪✪✪ The Audiopedia Android application, INSTALL NOW - https://play.google.com/store/apps/details?id=com.wTheAudiopedia_8069473 ✪✪✪✪✪ What is SCARCITY? What does SCARCITY mean? SCARCITY meaning - SCARCITY pronunciation - SCARCITY definition - SCARCITY explanation - How to pronounce SCARCITY? Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Scarcity (also called paucity) is the fundamental economic problem of having seemingly unlimited human wants in a world of limited resources. It states that society has insufficient productive resources to fulfill all human wants and needs. The notion of scarcity is that there is never enough (of something) to satisfy all conceivable human wants, even at advanced states of human technology. Scarcity involves making a sacrifice—giving something up, or making a tradeoff—in order to obtain more of the scarce resource that is wanted. The condition of scarcity in the real world necessitates competition for scarce resources, and competition occurs "when people strive to meet the criteria that are being used to determine who gets what." The price system, or market prices, are one way to allocate scarce resources. "If a society coordinates economic plans on the basis of willingness to pay money, members of that society will to make money":p. 105 If other criteria are used, we would expect to see competition in terms of those other criteria. For example, although air is more important to us than gold, it is less scarce simply because the production cost of air is zero. Gold on the other hand has a high production cost. It has to be found and processed, both of which require a great deal of resources. Additionally, scarcity implies that not all of society's goals can be pursued at the same time; trade-offs are made of one goal against others. In an influential 1932 essay, Lionel Robbins defined economics as "the science which studies human behavior as a relationship between ends and scarce means which have alternative uses." In cases of monopoly or monopsony an artificial scarcity can be created. Scarcity can also occur through stockpiling, either as an attempt to corner the market or for other reasons. Temporary scarcity can be caused by (and cause) panic buying.
Views: 14481 The Audiopedia
Chapter 1 Microeconomics Class 11 | Introduction to Microeconomics | Part - 1
 
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Topic: Chapter 1 Microeconomics Class 11 Introduction to Microeconomics This video is an introduction to microeconomics. In this video, we will discuss the economy, economic and scarcity i.e. Economy and Economics. The video covers the following topic- 1) Economy and Economics, economy definition, economics definition, Economic problem 2) Meaning of #Microeconomics and macroeconomics, Microeconomics introduction, macroeconomics definition 3) Introduction to Micro Economics, microeconomics definition 4) The concept of Production Possibility Curve 5) Difference between Microeconomics and Macroeconomics. 6) Production Possibility frontier and opportunity cost. Economy Definition: Economy is a system consisting of economic agents involved in economic activities. Economic agents include producers, consumers, and the government. Economic activity includes sale, purchase, production, consumption, investment, etc. #Economics Definition: According to Lionel Robbins "Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses.” Simplified definition: Economics is a Science which deals with choice making where resources are limited, wants are unlimited and the limited resources have alternative uses. This definition implies the following things: Resources or means are scarce in comparison of wants or ends. Limited resources have alternative uses. So economics is a rational use of limited resources in such a manner so that maximum satisfaction can be obtained with the scarce resources. This is also known as economizing the use of scarce resources. Scarcity: Scarcity means wants are more than the available resources. It simply implies that resources are limited & wants are unlimited. Resources are limited because wants always exceeds resources even if resources increases, wants to increase more than the resources. Scarcity is the root cause of all economic problems. However, a commodity in short supply can’t be called scarce if it has no demand. For e.g. rotten fruits, etc. So here you will learn the meaning of economy and economics, economy definition, economics definition, Introduction to Micro Economics. You will understand the difference between Microeconomics and Macroeconomics and Production possibility frontier and opportunity cost. This is a brief introduction to microeconomics of #12th. Hope you completely understand what is microeconomics and get a basic idea about microeconomics. Video Tags: Introduction To Micro Economics, Economics and economy Class 12 Economic, video lecture on introduction to economics, introduction to microeconomics class 12, what is economy, economy and economics, Difference between Micro and Macroeconomics, Difference between Microeconomics and Macroeconomics, Microeconomics introduction class 12, Chapter 1 Introduction to Micro Economics, microeconomics chapter 1, microeconomics class 12, microeconomics class 12 chapter 1, class 12 economics Like, Share and comment
Views: 1169 KAKRA'S DLM Academy
What Is A Scarce Resource In Economics?
 
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Scarcity refers to the basic economic problem, gap between limited that is, scarce resources and theoretically limitless wants. Economists and scarcity foundation for economic education scarce means with alternative uses robbins' definition of why resources are sometimes unemployed world forum reports. Scarce resources, choices and economic systems tutor2u economicstutor2u economics. The allocation of scarce resources among competing ends applies aug 29, 2015 scarcity, or limited resources, is one the most basic economic problems we face. Scarcity does not mean we need to define scarce resource? Economic term resource definition. Department of economics. Scarcity, high school economics topics. Collections behavioural economics scarcity bias scarce resources, choices and economic systems join 1000s of fellow teachers students all getting the tutor2u team's latest resources support delivered fresh in their inbox every jun 1, 2008 can contribute to this discussion by providing its perspective on words such as which are often contested feb 9, 2012 robbins' definition confines study human behavior, time is quintessentially resource, a view robbins oct 2013 but be unused when markets fail allocate them efficiently. The fundamental economic behavioural economics a level revision videos. Scarce resources & economics flashcards competition for scarce. To find out what is scarce resource, see this explanation students need to understand the problem of unlimited wants and finite resources that gives rise scarcity inevitable choices. Ideally, the resources are allocated to is economics all about scarcity? , by arnold kling. Scarcity wikipediascarce resources amosweb is economics encyclonomic web scarcity wikipediaeconomics scarce allocation what resource as a study of the resourceslibrary and liberty. Asp url? Q webcache. It states that society has insufficient productive resources to fulfill all human wants and needs these can be come from the land, labor or capital. Googleusercontent search. We have infinite desires and wants only some limited amount of resources to the domain economics is study processes by which scarce are allocated satisfy unlimited. Such inefficiency means the economy is producing less than it could global trendsresource scarcity was most controversial topic for respondents when considering which world issues are currently start studying scarce resources & economics. Library of economics and what is the basic economic problem scarcity? Video & lesson scarce resource, definition at glossary. We run into scarcity because while resources are limited, the economic definition of a scarce resource is simple one any with finite supply. Scarce, or economic, resources are also called factors of production and generally classified scarcity (also paucity) is the fundamental economic problem having seemingly unlimited human wants in a world limited. Scarcity wikipedia scarcity investopedia terms s. Learn vocabulary, terms, and more with flashca
Views: 91 Caren Raatz Tipz
We Have the Resources
 
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A short video explaining the importance of resources We hope to release more short clips like this to share with others who wouldn't sit through a longer one but may pique their interests to explore further. The Venus Project proposes an alternative vision of what the future can be if we apply what we already know in order to achieve a sustainable new world civilization. It calls for a straightforward redesign of our culture in which the age-old inadequacies of war, poverty, hunger, debt and unnecessary human suffering are viewed not only as avoidable but as totally unacceptable. Anything less will result in a continuation of the same catalog of problems inherent in today's world. Learn more at http://www.thevenusproject.com Official store: https://www.thevenusproject.com/store/ Official FB Page: https://www.facebook.com/TheVenusProjectGlobal Official G+ Page: https://plus.google.com/u/0/+thevenusproject Official Instagram page: https://www.instagram.com/thevenusproject/ Official Pinterest page: https://www.pinterest.com/thevenusproject/ Official Twitter page: https://www.twitter.com/TheVenusProject Donations: https://www.thevenusproject.com/donations/
Views: 18086 The Venus Project
Are We Running Out of Resources?
 
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Prof. Steve Horwitz addresses the common belief that the world is running out of natural resources. Instead, there are economic reasons why we will never run out of many resources. In a free market system, prices signal scarcity. So as a resource becomes more scarce, it becomes more expensive, which incentivizes people to use less of it and develop new alternatives, or to find new reserves of that resource that were previously unknown or unprofitable. We have seen throughout history that the human mind's ability to innovate, coupled with a free market economic system, is an unlimited resource that can overcome the limitations we perceive with natural resources. Watch more videos: http://lrnlbty.co/y5tTcY
Views: 196103 Learn Liberty
The most scarce resource on the planet: Mindset of abundance | Naveen Jain | TEDxBerkeley
 
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Naveen Jain, an award-winning CEO and entrepreneur, challenges the notion that we live in a world of scarcity; rather, he suggests that our primal, survivalist instincts confine us to this world of scarcities, and that adopting a mindset of abundance is crucial in cutting-edge entrepreneurship. [AV and event video provided by http://repertoireproductions.com]. Naveen Jain is an entrepreneur and philanthropist driven to solve the world’s biggest challenges through innovation. He is a founder of Moon Express, World Innovation Institute, inome, Talent Wise, Intelius, and InfoSpace. He is a regular contributor to the Forbes, WSJ, INC and Huffington Post. Naveen is also on the board of Singularity University, an interdisciplinary university with the mission to educate and inspire leaders to address humanity’s grand challenges through innovative technologies. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx
Views: 82105 TEDx Talks
What is Economics? Causes of Economic Problem [Class XI-XII, Unit 1 : Introduction]
 
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For Accountancy, Economics or Business Studies Classes you can reach me at: Friends Tuition Centre Pvt. Ltd. D-55, III Floor, East of Kailash, New Delhi 110065 http://ftcindia.in/ You can also mail me @ [email protected] "Hi Everyone Today we are going to take up something which is very important for all of us and about which we keep hearing about from someone or the other repeatedly, i.e. "Economics". People tell you how economics is this, economics is that - Someone says how a country is operated is Economics. Someone says that it is connected with demand, supply, pricing, etc. Yes. Economics is this. Economics is dealing with money; it is operating a country but basically this word is quite misunderstood. Today, we will tackle why we hear about Economics everywhere? The reason is - Economics is a study of making choices. And now think about it - In life, is there any situation where we don't have to make a choice? NO This is the reason why Economics is observed everywhere - We say the countries are based on Economic studies. Why? Because to operate a country, there are hundreds and hundreds of decisions to be taken. Let's take a smaller example for our own selves, all of us - You and me - We have to make certain decisions in every single minute of our lives. We have to manage our time, we have to manage our money we have to manage our entire asset base. We have to decide how to use our resources. Every resource can be used in a variety of ways. We all know that. Any resource whether small or big, every resource can be used for a variety of uses. And now the problem is that though resources can be used for various purposes, but they are never unlimited. Who doesn't want to have unlimited money? Would anyone wish that? NO but in reality, is there actually anyone who has unlimited money? NO There is a limit to everything and that limit is generally less than what we want. So, even if there is a beggar who has a resource of just Rs. 100, it is obviously less for him as he wants to spend more than that amount. However, if we talk about a multi-millionnaire, we may think that this person has a lot of money so must have no problems. But even he has a problem as in comparison to his expenses, even his resources would be less. So, basically, "Economics is about making a choice in the use of scarce resources, having alternative uses, in relation to unlimited human wants". We have to decide on the use which is the best for us in the present situation, the use which would give us the highest amount of satisfaction. So, the problem of making the choice is what we deal with in Economics. It could be a decision about how a consumer decides what to purchase or not to purchase. It could be how a producer decides when he has to increase the production and when not to. That choice could be for the government in deciding how much employment is to be generated and where. Where to spend more money and where to spend less. So, today we have talked about that "Economics is about making choices in the use of scarce resources having alternative uses in relation to unlimited human want". That's it for today, please SUBSCRIBE to my Channel for more such topics - I will be taking small topics but each one of them would be very important for you - For your Course as well as for your general level of knowledge about Economics."
Top 10 RESOURCES You Had No Idea We’re RUNNING OUT Of
 
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Like it or not, resources are finite. If we don’t use them carefully, we’ll run out. But while we’ve all heard the scary stories about peak oil, we’re guessing you had no idea that we’re running the risk of hitting peak banana. →Subscribe for new videos every day! https://www.youtube.com/user/toptenznet?sub_confirmation=1 Help us translate our videos: https://www.youtube.com/timedtext_cs_queue?msg=10&tab=0 - Learn more why you might want to help: https://support.google.com/youtube/answer/6052538 Find more lists at: http://www.toptenz.net Entertaining and educational top 10 lists from TopTenzNet! Subscribe to our Facebook: https://www.facebook.com/TopTenz/ Business inquiries to [email protected] Other TopTenz Videos: What Would Happen WITHOUT FROGS in the World https://youtu.be/RyHWy0LURJU?list=PLQ4d2-ByGhnL72IcdJzPXC7DNyxk9KA6K Top 10 Things That Would Happen if Every Couple Had Just ONE CHILD https://youtu.be/yMe4uqyiOdk?list=PLQ4d2-ByGhnL72IcdJzPXC7DNyxk9KA6K Text version: http://www.toptenz.net/10-resources-you-had-no-idea-were-running-out-of.php Coming up: 10. Bananas 9. New Music 8. Wine 7. Helium 6. Honey Bees 5. Medical Isotopes 4. Caviar 3. Sardines 2. Antibiotics 1. Sand Source/Further reading: http://qz.com/164029/tropical-race-4-global-banana-industry-is-killing-the-worlds-favorite-fruit/ http://www.promusa.org/Tropical+race+4+-+TR4 https://www.youtube.com/watch?v=DAcjV60RnRw#t=130 http://www.egopont.com/hearing_tests.php http://www.thedrinksbusiness.com/2014/10/global-wine-production-set-to-drop-in-2014/ http://scienceblogs.com/startswithabang/2012/12/12/why-the-world-will-run-out-of-helium/ http://topics.blogs.nytimes.com/2008/04/11/honey-bees-a-history/?_r=1 http://www.cbc.ca/news/health/the-made-in-canada-isotope-shortage-facing-medical-scans-1.2652667 http://www.cbsnews.com/news/caviar-shortage-no-fish-tale/ http://enenews.com/theyre-all-gone-shock-as-sardines-vanish-off-california-fishermen-didnt-find-a-single-one-all-summer-scientist-this-is-about-the-entire-pacific-coast-noaa-the-young http://www.theatlantic.com/magazine/archive/2014/03/were-running-out-of-antibiotics/357573/ http://www.nytimes.com/2014/11/05/opinion/why-sand-is-disappearing.html https://upload.wikimedia.org/wikipedia/commons/thumb/7/73/Map-Latin_America.svg/2000px-Map-Latin_America.svg.png http://www.toptenz.net/wp-content/uploads/2015/04/resourcevanish1.jpeg https://www.youtube.com/watch?v=DheDd8J1IUE&t=234s http://maxpixel.freegreatpicture.com/static/photo/1x/Fruit-Banana-Eat-Child-Children-Cute-Funny-2138531.jpg https://upload.wikimedia.org/wikipedia/commons/thumb/9/92/Korg_RK-100s_Keytar_-_Head_-_2014_NAMM_Show.jpg/1024px-Korg_RK-100s_Keytar_-_Head_-_2014_NAMM_Show.jpg https://upload.wikimedia.org/wikipedia/commons/b/b0/CSIRO_ScienceImage_4626_Irrigation_channels_in_a_vineyard_at_Griffith_NSW_1989.jpg https://upload.wikimedia.org/wikipedia/commons/4/47/Xianning-fields-9731.jpg https://upload.wikimedia.org/wikipedia/commons/thumb/2/2d/Helium.svg/2000px-Helium.svg.png http://geology.com/articles/helium/uses-of-helium.gif https://upload.wikimedia.org/wikipedia/commons/8/8a/Crude_Helium_Enrichment_Unit.jpg http://www.alomarcenter.com/img/portfolio/P6.jpg http://www.toptenz.net/wp-content/uploads/2015/04/resourcevanish5.jpg https://upload.wikimedia.org/wikipedia/commons/3/3c/AncientEgyptianRelief-BeeHieroglyph-ROM.png https://upload.wikimedia.org/wikipedia/commons/6/6a/Possible_causes_of_Colony_Collapse_Disorder.png http://www.toptenz.net/wp-content/uploads/2014/06/Bee.jpg https://c1.staticflickr.com/3/2289/2327501747_5d44940229_b.jpg https://upload.wikimedia.org/wikipedia/commons/7/77/Tc99minjektion.jpg https://upload.wikimedia.org/wikipedia/commons/thumb/2/2c/Electron_shell_043_technetium.png/936px-Electron_shell_043_technetium.png http://www.toptenz.net/wp-content/uploads/2015/04/resourcevanish6.jpg http://www.toptenz.net/wp-content/uploads/2015/04/resourcevanish7.jpg
Views: 184317 TopTenz
Production Possibilities Curve- Econ 1.1
 
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In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe. If you need more help, check out the Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji
Views: 1091808 Jacob Clifford
Scientists have created edible water
 
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'Ooho' by Skipping Rocks Lab is an edible water bottle created out of 100% biodegradable brown algae that is an environmental-friendly alternative to plastic bottles. READ MORE: http://mashable.com/ FACEBOOK: https://www.facebook.com/mashable/ TWITTER: https://twitter.com/mashable INSTAGRAM: https://www.instagram.com/mashable/
Views: 13799579 Mashable Deals
A Price Is a Signal Wrapped Up in an Incentive
 
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Join Professor Tabarrok in exploring the mystery and marvel of prices. We take a look at how oil prices signal the scarcity of oil and the value of its alternative uses. Following up on our previous video, “I, Rose,” we show how the price system allows for people with dispersed knowledge and information about rose production to coordinate global economic activity. This global production of roses reveals how the price system is emergent, and not the product of human design. Microeconomics Course: http://bit.ly/20VablY Ask a question about the video: http://bit.ly/1RnRbde Next video: http://bit.ly/1TGiiDH Help us caption & translate this video! http://amara.org/v/GGJO/
Humans and Energy: Crash Course World History 207
 
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In which Stan Muller subs for John Green and teaches you about energy and humanity. Today we discuss the ideas put forth by Alfred Crosby in his book, Children of the Sun. Historically, almost all of the energy that humans use has been directly or indirectly generated by the sun, whether that be food energy from plants, wind energy, direct solar energy, or fossil fuels. Stan looks into these different sources, and talks about how humanity will continue to use energy in the future as populations grow and energy resources become more scarce. You can directly support Crash Course at https://www.patreon.com/crashcourse Subscribe for as little as $0 to keep up with everything we're doing. Free is nice, but if you can afford to pay a little every month, it really helps us to continue producing this content. SUBBABLE SPONSOR MESSAGES! TO: Dana FROM: Cameron you're wonderful, I can't wait for our faces to meet :) TO: TheGeekyBlonde FROM: Arbace Thanks for your outstanding Youtube Abuse Recovery video! http://youtu.be/3Uc5eNNG60o You can get Alfred Crosby's Children of the Sun here: http://smile.amazon.com/Children-Sun-Humanitys-Unappeasable-Appetite/dp/0393931536/ref=sr_1_1?ie=UTF8&qid=1409260623&sr=8-1&keywords=crosby+children+of+the+sun
Views: 1102155 CrashCourse
What If There Were No Prices? The Railroad Thought Experiment
 
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What if there were no prices? How would you use available resources? To appreciate why market prices are essential to human well-being, consider what a fix we would be in without them. Suppose you were the commissar of railroads in the old Soviet Union. Markets and prices have been banished. You and your comrades. Passionate communists all. Now, directly plan how to use available resources. You want a railroad from city A to city B, but between the cities is a mountain range. Suppose somehow you know that the railroad once built. Will serve the nation equally well. Whether it goes through the mountains or around. If you build through the mountains, you'll use much less steel for the tracks. Because that route is shorter. But you'll use a great deal of engineering to design the trestles and tunnels needed to cross the rough terrain. That matters because engineering is also needed to design irrigation systems, mines, harbor installations and other structures. And you don't want to tie up engineering on your railroad if it would be more valuable designing those other structures instead. You can save engineering for other projects. If you build around the mountains on level ground. But that way you'll use much more steel rail to go the longer distance and steel is also needed for other purposes. For vehicles, girders, ships, pots and pans and thousands of other things. Which route should you choose for the good of the nation? To answer, you would need to determine which bundle of resources is less urgently needed for other purposes. The large amount of engineering and small amount of steel for the route through the mountains, where the small amount of engineering and large amount of steel for the roundabout route. But how could you find out the urgency of need for engineering and steel in other uses? Find out more as Professor Howard Baetjer Jr. from Towson University explains market prices through the railroad thought experiment. SUBSCRIBE: http://bit.ly/1HVAtKP FOLLOW US: - Website: https://www.learnliberty.org/ - Facebook: https://www.facebook.com/LearnLiberty - Twitter: https://twitter.com/LearnLiberty - Google +: http://bit.ly/1hi66Zz LEARN MORE: -The Essential Hayek (website): A project of The Fraser Institute, serving as a resource for the life and works of Freidrich Hayek. http://www.essentialhayek.org/ -“What Do Prices ‘Know’ That You Don’t?” (video): Professor Mike Munger explains how prices convey knowledge about scarcity and need. https://www.youtube.com/watch?v=WPy-QKXofQs LEARN LIBERTY Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://bit.ly/1UleLbP
Views: 105724 Learn Liberty
The Future of Water
 
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The world’s supply of cheap and clean fresh water will likely plummet as the climate warms and populations boom. Can we find ways to conserve, cut waste, and find new sources before it’s too late? The latest installment of our What Happens Next series looks for solutions in an unlikely spot: a city perched on the edge of the world’s oldest desert. For the residents of Windhoek, Namibia, the arid future arrived long before the growing freshwater crisis made headlines around the world. And this city responded to worsening cycles of drought by tapping water resources from a radical source that was already on hand: wastewater from their own city sewers. And while the technology for building a toilet-to-tap management system isn’t new, the mindset required to do here offers a lesson to any city facing an increasingly arid future. In collaboration with Retro Report, learn more here: qz.com/is/what-happens-next-2 Watch on Facebook: https://www.facebook.com/WhatHappensNextByQZandRetroReport/ Quartz is a digitally native news outlet dedicated to telling stories at the intersection of the important and the interesting. Visit us at https://qz.com/ to read more. SUBSCRIBE to Quartz: https://goo.gl/kdDpXu Retro Report is an award-winning, digital-first documentary news organization dedicated to bringing context to today’s headlines by telling the story behind the news; it is non-partisan, independent and non-profit. More videos from Retro Report: http://www.retroreport.org
Views: 294647 Quartz
What is Economics?
 
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The typical first-year student walks into his first economics class with very little idea of what economics is. He might have heard something like, "economics is the study of money", or "economics is another word for accounting", or "economics is hard, don't take that class", but none of those are true. "Economics is the study of the use of scarce resources that have alternative uses." That's the classic definition of economics. Basically, there are people, and people need resources to fulfil their desires. These resources cannot be infinite, but the desires can be, so people need to make choices about how to use their scarce resources. Economists study these choices. All economic questions fall into one of two categories: positive and normative. Positive economics describes "what is" and normative economics argues for what ought to be, so a question like, "why do people use money?" is a positive question and "should people use money?" is a normative question. A general rule of thumb is that if your economic model has no value judgements, it's positive economics, and if it does have value judgements it's normative economics, since to tell someone what he ought to do, you first have to judge what is best for him. Economics is also divided into microeconomics and macroeconomics. Microeconomics studies the behaviour of individual agents and markets, while macroeconomics studies the behaviour of the entire economy. Economists also have their own branch of statistics called "econometrics" that's specialized to analyzing economic data. Since economic data usually comes from the real world, and not from controlled experiments, econometrics faces mathematical challenges that other fields might not. The tools economists have developed to study human behaviour have broad uses outside of what we would traditionally consider economics. Economists study not only markets, but things like crime, war, the family, religion, culture, politics, law, and even genetics. That's why it's not unusual to see papers by psychologists, sociologists, criminologists, political scientists, anthropologists, biologists, neuroscientists, or legal scholars being co-authored by economists.
Views: 26 Ngọc Quang
What is Economics?
 
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Economics Introduction. #inzica Economics is the science that deals with production, exchange and consumption of various commodities in economic systems. It shows how scarce resources can be used to increase wealth and human welfare. The central focus of economics is on scarcity of resources and choices among their alternative uses. The resources or inputs available to produce goods are limited or scarce. This scarcity induces people to make choices among alternatives, and the knowledge of economics is used to compare the alternatives for choosing the best among them. For example, a farmer can grow paddy, sugarcane, banana, cotton etc. in his garden land. But he has to choose a crop depending upon the availability of irrigation water. Two major factors are responsible for the emergence of economic problems. They are: i) the existence of unlimited human wants and ii) the scarcity of available resources. The numerous human wants are to be satisfied through the scarce resources available in nature. Economics deals with how the numerous human wants are to be satisfied with limited resources. Thus, the science of economics centres on want - effort - satisfaction. Economics not only covers the decision making behaviour of individuals but also the macro variables of economies like national income, public finance, international trade and so on Wealth Definition Adam smith (1723 - 1790), in his book “An Inquiry into Nature and Causes of Wealth of Nations” (1776) defined economics as the science of wealth. He explained how a nation’s wealth is created. He considered that the individual in the society wants to promote only his own gain and in this, he is led by an “invisible hand” to promote the interests of the society though he has no real intention to promote the society’s interests. Economic choices – opportunity cost We are constantly faced with choices. It may be a matter of limited time. For example, at the weekend: • We could spend 8 hours working in a cafe at the Minimum Wage of ₹ 8000 • Or we could spend 8 hours studying for our A – Levels. • Alternatively, we could choose to spend 8 hours of leisure (sleeping in, Facebook etc.) Each choice has an opportunity cost. The opportunity cost of earning ₹8000 is that we don’t have time to study. This could lead to poorer exam results, which could lead to lower future earning potential. Choosing to maximise our income in the short term (earning ₹ 266.66 a day) may reduce our lifetime earnings and could be a poor decision – unless working in a cafe doesn’t affect our future earnings. We may feel job experience more useful than an essay on allocative efficiency. The problem is that when making decisions about whether to study, work or pursue leisure, we may forget or ignore long-term effects. Deciding to spend all our free time earning ₹8000 is something we may regret later in life. Economists suggest education is a merit good – meaning people may underestimate the benefits of studying. Under-consumption of education is an example of market failure. Considering opportunity cost can help us make better decisions. If we act on instinct, we may choose the most pleasurable or easiest course of action, but the best decision in the short term may not be best in long term.
Views: 44 Inzica
Alternate wetting and drying (AWD)--using less water to grow rice
 
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Also see: http://www.knowledgebank.irri.org/ewatermgt/courses/course1/resources/presentations/CopingAWD.pdf Across the globe, water is fast becoming a precious commodity as more and more people use it for the household, industry, and agriculture. Since almost half of the worlds population depends on rice as its staple food, rice uses the highest amount of water in agriculture. By 2025, 15 to 20 million hectares of irrigated rice fields may suffer from water scarcity. To face this challenge, scientists at the International Rice Research Institute (IRRI; http://irri.org) have developed a technique called alternate wetting and drying or AWD, which uses less water to grow rice. This video provides a glimpse on how to apply AWD in irrigated rice fields.
What is Economics?ما هو الاقتصاد
 
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What is Economics? Definition of Economics? Economics is the science of satisfying unlimited wants through limited resources. This video is for all Economics students Economics is the relationship between ends and scarce means which have alternative uses.
Views: 56 Free World 700
Is Earth Running Out of Water? (feat. Life Noggin)
 
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Headlines make it seem like the world is drying out. Is Earth really running out of water? TEACHERS: Get your students in the discussion on KQED Learn, a safe place for middle and high school students to investigate controversial topics and share their voices. https://learn.kqed.org/topics/7 From Cape Town’s water shortages to California’s historic drought-- headlines can make it seem like the world is drying out. So what’s going on, is Earth really running out of water? ABOVE THE NOISE is a show that cuts through the hype and investigates the research behind controversial and trending topics in the news. Hosted by Myles Bess. *NEW VIDEOS EVERY OTHER WEDNESDAY* SUBSCRIBE by clicking the RED BUTTON above. Follow us on Instagram @kqedabovethenoise Recent news about Cape Town’s water shortages has brought water to the front and center of many people’s minds. And for those of us that have access to clean water on a daily basis we probably don’t think all that much about it. But water is essential to human survival. We drink it, we grow our crops with it, we bathe with and it’s used in many industrial processes like manufacturing and power generation. And as our population grows, the demand for water will increase--and lack of usable water will become a real issue for lots of places. Is lack of water an issue for places? For many parts of the world, water is already a big problem. According to the United Nations, over two billion people end up having to drink contaminated water because they don’t have access to the clean water. And because of this more than half a million children die every year. And ensuring access to clean water and sanitation is one of the seventeen sustainable development goals of the United Nations. Why is lack of water becoming a problem? One reason is that some places are using up their water much faster than precipitation can replace it. Additionally bad water management policies can lead to misuse or waste of water. Lack of infrastructure or bad infrastructure can also make access to clean water an issue. For example, in the U.S., leaky pipes cause us to waste about 9,000 Olympic-sized swimming pools of water daily. Climate change can also exacerbate the problems--as the climate changes scientists estimate that both droughts and floods will become more intense. How can we prevent Earth from running out of water? There are lots of things we can do, ranging from individual things to larger scale solutions. For example traditional water conservation techniques can help us reduce our water use so that we are not using too much water too quickly. These tactics include things like replacing grass lawns with low water native plants, taking shorter showers, turning off the water when brushing your teeth, and replacing old appliances with water efficient ones. Depending on where you live, larger scale solutions can include desalination plants, but those can be super expensive and require lots of energy to run. Another potential solution is to get better at recycling waste water so that it can be used to water crops and to drink. SOURCES AND ADDITIONAL RESOURCES: Making Every Drop Count (United Nations): https://sustainabledevelopment.un.org/content/documents/17825HLPW_Outcome.pdf Drinking Water Key Facts (WHO): http://www.who.int/en/news-room/fact-sheets/detail/drinking-water Quantifying renewable groundwater stress with GRACE (Water Resources Research) https://agupubs.onlinelibrary.wiley.com/doi/full/10.1002/2015WR017349 2017 Infrastructure Report Card (American Society of Civil Engineers): https://www.infrastructurereportcard.org/wp-content/uploads/2017/01/Drinking-Water-Final.pdf Climate Change and Challenges of Water and Food Scarcity: https://www.sciencedirect.com/science/article/pii/S221260901400020X National Climate Assessment: https://nca2014.globalchange.gov/ Four Billion People Facing Severe Water Scarcity (Science Advances): http://advances.sciencemag.org/content/2/2/e1500323/tab-figures-data Cape Town Drought Limits People to 13 Gallons of Water a Day (PBS Newshour): https://www.pbs.org/newshour/show/cape-town-drought-limits-people-to-13-gallons-of-water-a-day USGS Water Science School: https://water.usgs.gov/edu/earthhowmuch.html The Water Cycle (USGS): https://water.usgs.gov/edu/watercycleice.html FOR EDUCATORS KQED Learn https://learn.kqed.org KQED Teach https://teach.kqed.org KQED Education https://ww2.kqed.org/education https://www.facebook.com/KQEDEducation https://twitter.com/KQEDedspace https://www.instagram.com/kqededucation About KQED KQED, an NPR and PBS affiliate in San Francisco, CA, serves Northern California and beyond with a public-supported alternative to commercial TV, Radio, and web media. Funding for Above the Noise is provided in part by the Corporation for Public Broadcasting, Silver Giving Foundation, Stuart Foundation, and William and Flora Hewlett Foundation.
Views: 48221 Above The Noise
Opportunity Cost Definition and Real World Examples
 
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Visit Study.com for thousands more videos like this one. You'll get full access to our interactive quizzes and transcripts and can find out how to use our videos to earn real college credit. YouTube hosts only the first few lessons in each course. The rest are at Study.com. Take the next step in your educational future and graduate with less debt and in less time.
Views: 349878 Study.com
What is Austrian Economics?
 
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Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Austrian Economics” A brand of neo-classical economics established in Vienna during the late 19th century and the first half of the 20th century. It was strongly opposed to Marxism and, more broadly, to the use of economic theories to justify government intervention in the economy. Prominent members included Friedrich Hayek, Joseph Schumpeter and Ludwig von Mises. It gave birth to the definition of economics as the science of studying human behavior as a relationship between ends and scarce means that have alternative uses. Austrian economic thinking was characterized by attributing all economic activity, including the behavior of apparently impersonal institutions, to the wishes and actions of individuals. It did this by examining choices in terms of their opportunity cost (that is, what is the next best use of resources to that which is being considered?) and by analyzing the impact of timing on decision making. Hayek correctly predicted the failure of Soviet-style central planning. His ideas are said to have inspired many of the free-market reforms carried out during the 1980s in the United States under Ronald Reagan and in the UK under Margaret Thatcher. Schumpeter developed a theory of innovation and economic change characterized by the phrase creative destruction. By Barry Norman, Investors Trading Academy - ITA
The Reality Of Me (TROM) On Resource-Based Economy - Full HD 1080p/720p With English Closed Captions
 
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.../ Note: The Subtitles are not hard-subbed. To include them on demand, click the "CC" button just below-right of control tab and choose the available subtitles of your preference language (not the automatic caption) From The Big Bang to The Monetary System, Religion, Human Behaviour, War or Slavery, to a new Global Social System, TROM Documentary tries to analyze the world we live in. This is just one part of TROM Documentary Series that specifically focused on Resource-Based Economy as an alternative problem solving to current economic and social problems. How would a world without money look? What creates your personality and the values you accept? How did we humans create the world we live in? These are a few of the questions TROM documentary tries to answer. From The Big Bang to The Monetary System, Religion, Human Behaviour, War or Slavery, to a new Global Social System, TROM Documentary tries to analyze the world we live in. We all realize that this world is packed with many social problems and TROM tries not only to outline them but to provide alternative solutions for many of them. It uses many clips from numerous influential people like Jacque Fresco, George Carlin, Carl Sagan, James Randy or Jiddu Krishnamurti to demonstrate the points it makes. The duration of this documentary is almost 14 hours and may be very well the biggest documentary ever created. "If Orange trees grew all over the country, you couldn't sell oranges. You understand that? So all our decision making is based upon scarcity, or the availability of resources.If we have a shortage of any kind of resource, we put all the labs to work on making substitute materials. People always worry about --What if we run out of a certain material?-- but we have enough technology today to make thousands of different substitutes". - Jacque Fresco "The Significant Problems We Face Cannot Be Solved at the Same Level of Thinking We Were at When We Created Them" - Albert Einstein http://tromsite.com/
Views: 13464 Deriansyah Ibrahim
The Choice is Ours (2016) Official Full Version
 
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https://www.thevenusproject.com Intro: 0:00 Part 1 6:16 Part 2 23:28 Part 3 47:03 Part 4 1:19:09 Produced/Directed by Roxanne Meadows and Joel Holt Script by Roxanne Meadows Editor Joel Holt, assisted by Roxanne Meadows & Nathanael Dinwiddie Original Score by Kat Epple This film series explores many aspects of our society. To rethink what is possible in our world, we need to consider what kind of world we want to live in. Although we refer to it as a civilization, it is anything but civilized. Visions of global unity & fellowship have long inspired humanity, yet the social arrangements up to the present have largely failed to produce a peaceful and productive world. While we appear to be technically advanced, our values and behaviors are not. The possibility of an optimistic future is in stark contrast to our current social, economic, and environmental dilemmas. The Choice Is Ours includes interviews with notable scientists, media professionals, authors, and other thinkers exploring the difficulties we face. Part I provides an introduction and overview of cultural & environmental conditions that are untenable for a sustainable world civilization. It explores the determinants of behavior to dispel the myth of “human nature” while demonstrating how environment shapes behavior. The science of behavior is an important - yet largely missing - ingredient in our culture. Part II questions the values, behaviors, and consequences of our social structures, and illustrates how our global monetary system is obsolete and increasingly insufficient to meet the needs of most people. Critical consideration of the banking, media, and criminal justice systems reveals these institutions for what they really are: tools of social control managed by the established political and economic elite. If we stay the present course, the familiar cycles of crime, economic booms & busts, war, and further environmental destruction are inevitable. Part III explains the methods and potential of science. It proposes solutions that we can apply at present to eliminate the use of non-renewable sources of energy. It depicts the vision of The Venus Project to build an entirely new world from the ground up, a “redesign of the culture”, where all enjoy a high standard of living, free of servitude and debt, while also protecting the environment. Part IV explains how it is not just architecture and a social structure that is in desperate need of change, but our values which have been handed down from centuries ago. They too need to be updated to our technological age, which has the potential to eliminate our scarcity-driven societies of today. Our problems are mostly of our own making, but we can still turn things around before the point of no return. It’s not too late for an optimistic outlook on the fantastic possibilities that lie before us. Jacque Fresco-Futurist, Industrial Designer, Social Engineer, Founder of The Venus Project Jeffrey A. Hoffman Ph.D. - Prof. Aeronautics & Astronautics MIT, Former NASA Astronaut Henry Schlinger, Ph.D., BCBA-D - Prof. Psychology CAL State University Abby Martin - Journalist & Host "The Empire Files" Karen Hudes - Economist, Lawyer, World Bank Whistleblower Erin Ade - Reporter & Host "Boom Bust" – RT Paul Wright - Founder & Director of Human Rights Defense Center, Editor of Prison Legal News, Author Dylan Ratigan - Author & TV Host "The Dylan Ratigan Show" Mark Jacobson, Ph.D. - Prof. Civil & Env. Engineering, Stanford University. www.thesolutionsproject.org Erik Brynjolfsson, Ph.D. - Prof. of Management-MIT Sloan School of Management, Dir. MIT Initiative on the Digital Economy, Author Lawrence M. Krauss, Ph.D. - Foundation Prof. School of Earth and Space Exploration, and director of Origins Project, Arizona State University. Author "A Universe from Nothing". Paul G. Hewitt - Author "Conceptual Physics" Roxanne Meadows - Co-Founder The Venus Project *special thanks also to Alexander "Obraz" ...Obraz.io who created the many 2d motion depictions (plus the sound fx!) of concepts such as the "hamburgers and fried chicken" segment and many others which are Alexander's inimitable work style and attention to details where we needed very specific illustrations of key points. The Venus Project proposes an alternative vision of what the future can be if we apply what we already know in order to achieve a sustainable new world civilization. It calls for a straightforward redesign of our culture in which the age-old inadequacies of war, poverty, hunger, debt and unnecessary human suffering are viewed not only as avoidable but as totally unacceptable. Anything less will result in a continuation of the same catalog of problems inherent in today's world. Learn more at http://www.thevenusproject.com Support/donate to the project: https://www.thevenusproject.com/donations/ Become a volunteer:https://www.thevenusproject.com/become-a-volunteer/
Views: 2091364 The Venus Project
Environmental Econ: Crash Course Economics #22
 
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So, if economics is about choices and how we use our resources, econ probably has a lot to say about the environment, right? Right! In simple terms, pollution is just a market failure. The market is producing more pollution than society wants. This week, Adriene and Jacob focus on the environment, and how economics can be used to control and reduce pollution and emissions. You'll learn about supply and demand, incentives, and how government intervention influences the environment. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 312612 CrashCourse
What Is The Cost Of Opportunity?
 
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Opportunity mar 29, 2013 definition opportunity cost is the next best alternative foregone. Whenever you invest time, energy or resources in something, are implicitly opportunity cost is an economics term that refers to the value of what have give up order choose something else savings, avoided cost, and relative terms they defined meaning only when comparing actions outcomes each What cost? Definition wikipedia. Opportunity cost investopedia. It is the opposite of benefit that would have been gained had an action, not taken, dec 31, 2013. Can be put to alternative uses, every action, choice, or decision has an associated opportunity cost. This cost is, therefore, most relevant for two mutually exclusive events. In investing, it is the difference in return between a chosen investment and one that necessarily passed up benefit, profit, or value of something must be given to acquire achieve else. Opportunity cost refers to a benefit that person could have received, but gave up, take another course of action. The notion of opportunity cost plays a crucial part in attempts to ensure that scarce resources are used efficiently when economists refer resource, they mean value next highest valued alternative use resource. Opportunity cost encyclopedia business terms opportunity definition and real world examples youtube. Avoided cost, cost savings, opportunity defined with examples. Reference gregory mankiw's opportunity cost is the value of something when a particular course action chosen. What is opportunity cost? The balance. Library explain the concept of opportunity cost and why accountingdefinitions examples balance. There are both dec 29, 2011. Opportunity cost definition & real world examples video opportunity tutor2u economicsopportunity the personal mba. Opportunity cost the concise encyclopedia of economics. Opportunity cost is the value of next best choice that one gives up when making a decision opportunity all about most basic economic concepts trade offs. If, for example, you topic 1 explain the concept of opportunity cost and why accounting profits economic are not same. What is an opportunity cost? Definition and meaning cost wikipedia. The fundamental problem of economics is the issue scarcity. Simply put, opportunity cost is what you must forgo in order to get sep 13, 2016 the term often used finance and economics when trying choose one investment, either financial or capital, over jun 3, definition of whatever give up yield available on your next, best option by making a choice. Some costs are small and relatively short term opportunity cost is the value you're giving up when you make a decision. Since every resource (land, money, time, etc. Opportunity costs are opportunity cost is a key concept in economics, and has been described as expressing 'the basic relationship between scarcity choice. Learn the most important concept of economics through use real world scenarios that highlight both benefits and costs decisions. Opportunity co
Views: 6 Bet My Bet
The Pros and Cons of Organic Farming | Biology  for All | FuseSchool
 
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In this video (https://www.youtube.com/watch?v=WhOrIUlrnPo) we looked at the key principles of organic farming - the use of more natural alternatives instead of chemical fertilisers, herbicides and pesticides or feed additives for livestock. This all sounds great, but there is more to the story. Organic farming isn’t all good. The yields are lower because more produce is damaged by pests, and carefully selected chemical pesticides cannot be used. With an ever-growing world population, we have limited land to feed everyone from. So should we therefore just focus on maximising yields? Or to get the same yields, more land would need to be farmed. Where would this surplus land come from - cutting down our remaining forests and rainforests? This would be far worse for the environment both in terms of climate change and biodiversity. A study in the UK found that a litre of organic milk requires 80% more land than conventional milk to produce. That’s a lot more land, and makes you wonder whether organic foods are a luxury the world just cannot afford to provide. Interestingly, it has been found that some organic farming methods require more water than non-organic alternatives; a huge problem as droughts become more regular and water more scarce. Organic is not necessarily better for the environment either. Organic dairy farms do actually produce more methane per cow than conventional farms because of the diet of the cattle: organic cows apparently burp twice as much as conventional cows!! As methane is a greenhouse gas, this does not bode well for global warming. You also need to consider the airmiles of your produce… in the UK most of the organic food is imported, so if there is a conventionally farmed alternative from a local source then it may be better for the environment to opt for that product. Scientists are still fiercely debating whether conventional or organic farming has a larger environmental footprint; so I am not expecting you to have a clear opinion either! It is actually a big misconception that organic farms cannot use any pesticides; they can because without them, the crop yields would be much too low for the farm to be sustained. Organic farmers can use both synthetic and natural kinds of pesticides, but some of the regular pesticide chemicals are banned on organic farms. As fewer chemicals are used, there is less risk of chemicals remaining on the food, which can only be a good thing for consumers. Scientists are still debating the pros and cons of organic farming in comparison to conventional farming, and there is plenty of information you can read online. The tricky part is that most articles are very biased so don’t be swayed by the first article you read. The principles of organic farming are obviously very good for the environment, but in reality yields matter. There is a balance to be found between looking after our soils and environment, and so employing organic strategies such as crop rotations, but having a limited amount of agricultural land and an ever-growing population. Many conventional farmers employ organic strategies to do their best for the soil structure and local biodiversity, but make use of chemicals in the lowest levels possible whilst still maintaining yields. SUBSCRIBE to the FuseSchool YouTube channel for many more educational videos. Our teachers and animators come together to make fun & easy-to-understand videos in Chemistry, Biology, Physics, Maths & ICT. VISIT us at www.fuseschool.org, where all of our videos are carefully organised into topics and specific orders, and to see what else we have on offer. Comment, like and share with other learners. You can both ask and answer questions, and teachers will get back to you. These videos can be used in a flipped classroom model or as a revision aid. Find all of our Chemistry videos here: https://www.youtube.com/watch?v=cRnpKjHpFyg&list=PLW0gavSzhMlReKGMVfUt6YuNQsO0bqSMV Find all of our Biology videos here: https://www.youtube.com/watch?v=tjkHzEVcyrE&list=PLW0gavSzhMlQYSpKryVcEr3ERup5SxHl0 Find all of our Maths videos here: https://www.youtube.com/watch?v=hJq_cdz_L00&list=PLW0gavSzhMlTyWKCgW1616v3fIywogoZQ Twitter: https://twitter.com/fuseSchool Access a deeper Learning Experience in the FuseSchool platform and app: www.fuseschool.org Follow us: http://www.youtube.com/fuseschool Friend us: http://www.facebook.com/fuseschool This Open Educational Resource is free of charge, under a Creative Commons License: Attribution-NonCommercial CC BY-NC ( View License Deed: http://creativecommons.org/licenses/by-nc/4.0/ ). You are allowed to download the video for nonprofit, educational use. If you would like to modify the video, please contact us: [email protected]
World Is Running Out Of Sand — Why There's Now A Black Market For It
 
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If you're planning a beach vacation, you'd better get to it soon. An alarming statistic for you: 67% of Southern California beaches? GONE by 2100. All because of sand. Even if you don't think about the grainy stuff, you use it daily. You're reading this off something made with sand, looking at it through a screen made with sand, surrounded by buildings made with concrete. I could let you guess what's in concrete, but I suspect you're already catching onto a theme here. See more from Vince Beiser: http://a.co/5WGs8ij Tech Insider tells you all you need to know about tech: gadgets, how-to's, gaming, science, digital culture, and more. Subscribe to our channel and visit us at: http://www.businessinsider.com/sai TI on Facebook: https://www.facebook.com/techinsider TI on Instagram: https://www.instagram.com/tech_insider/ TI on Twitter: https://twitter.com/techinsider
Views: 1323080 Tech Insider
The Utilization of Western NGOs for the Theft of Africa's Vast Resources
 
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The following in an excerpt from a lecture given by Mallence Bart Williams in 2015 (TEDxBerlin). "One thing that keeps me puzzled, despite having studied finance and economics at the world’s best universities, the following question remains unanswered. Why is it that 5,000 units of our currency is worth one unit of your currency where we are the ones with the actual gold reserves? It’s quite evident that the aid is in fact not coming from the West to Africa but from Africa to the Western world. The Western world depends on Africa in every possible way since alternative resources are scarce out here. So how does the West ensure that the free aid keeps coming? By systematically destabilizing the wealthiest African nations and their systems, and all that backed by huge PR campaigns -- leaving the entire world under the impression that Africa is poor and dying and merely surviving on the mercy of the West. Well done Oxfam, UNICEF, Red Cross, Live Aid, and all the other organizations that continuously run multi-million-dollar advertisement campaigns depicting charity porn to sustain that image of Africa globally. Ad campaigns paid for by innocent people under the impression to help, with their donations. While one hand gives under the flashing lights of cameras, the other takes in the shadows. We all know the dollar is worthless, while the Euro is merely charged with German intellect and technology and maybe some Italian pasta. How can one expect donations from nations that have so little? How super sweet of you to come with your colored paper in exchange for our gold and diamonds. But instead you should come empty-handed, filled with integrity and honor. I want to share with you our wealth and invite you to share with us. The perception is that a healthy and striving Africa would not disperse its resources as freely and cheaply, which is logical. Of course, it would instead sell its resources at world market prices, which in turn would destabilize and weaken Western economies established on the post-colonial free-meal system. Last year the IMF reports that six out of 10 of the world's fastest-growing economies are in Africa, measured by their GDP growth. The French Treasury, for example, is receiving about 500 billion dollars year in year out, in foreign exchange reserves from African countries based on Colonial Debt they force them to pay. Former French President Jacques Chirac stated in an interview recently that we have to be honest and acknowledge that a big part of the money in our banks comes precisely from the exploitation of the African continent. In 2008 he stated that without Africa, France will slide down in the rank of a third-world power. This is what happens in the human world. The world we have created. Have you ever wondered how things work in nature? One would assume that in evolution, the fittest survives. However in nature any species that is overhunting, over-exploiting the resources they depend on as nourishment, natural selection would sooner or later take the predator out, because it upsets the balance." To watch the entire lecture visit this link: https://www.youtube.com/watch?v=AfnruW7yERA
Views: 23430 WrongKindofGreen
How Google drains America's fresh water -  the real price of Google's targeted ads
 
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Google drains 1.5 million gallons of water every day from Coastal South Carolina aquifers to cool its data center. Together with its 4 million gallons of tap water withdrawal, Google is by far the third largest consumer of fresh water resources in the counties surrounding Charleston. Thus Google uses increasingly scarce fresh water to cool its Goose Creek data center in Berkeley County, only to deliver you targeted advertisements. Google trades water for marketing. Help me build the first crypto-funded channel on YouTube by donating to one of my addresses. Bitcoin: 1C7UkndgpQqjTrUkk8pY1rRpmddwHaEEuf Dash Xm4Mc5gXhcpWXKN84c7YRD4GSb1fpKFmrc Litecoin LMhiVJdFhYPejMPJE7r9ooP3nm3DrX4eBT Ethereum 0x6F8bb890E122B9914989D861444Fa492B8520575 Follow me: https://twitter.com/The_HatedOne_ https://www.bitchute.com/TheHatedOne/ https://www.reddit.com/user/The_HatedOne/ https://www.minds.com/The_HatedOne The Charleston aquifer is is currently non-sustainable, because discharge of groundwater exceeds rates of recharge. Despite dropping water levels, Google still went ahead to tap into the aquifer, further escalating the already alarming downward trends. Google is not the biggest consumer of fresh water, but it is the one that's most redundant. Farmers need to water to grow food, people need groundwater to drink. But we don't to spent fresh water so that Google can track us for their own marketing needs. Do you think that depleting fresh water resources to cool data centers should be allowed or not? Currently there are almost no regulations regarding groundwater withdrawals, so Google can take as much ground to cool its Goose Creek data center In Berkeley County, South Carolina, as they want. Sources Google's controversial groundwater withdrawal sparks question of who owns South Carolina water http://www.postandcourier.com/news/google-s-controversial-groundwater-withdrawal-sparks-question-of-who-owns/article_bed9179c-1baa-11e7-983e-03d6b33a01e7.html Data centers waste vast amounts of energy http://www.nytimes.com/2012/09/23/technology/data-centers-waste-vast-amounts-of-energy-belying-industry-image.html Regulators OK aquifer plan clearing way to act on google http://www.postandcourier.com/news/regulators-ok-aquifer-plan-clearing-way-to-act-on-google/article_f8aa2ef0-364b-11e7-a882-b7dcd690ac42.html USGS Charleston aquifer study https://www.usgs.gov/centers/sa-water/science/simulation-groundwater-flow-charleston-aquifer-near-mount-pleasant-sc?qt-science_center_objects=0#qt-science_center_objects Study of South Carolina aquifers http://www.dnr.sc.gov/ccworkshops/pdf/CCWSDec5Harder.pdf Other draining aquifers in the US https://www.nationalgeographic.com/magazine/2016/08/vanishing-aquifer-interactive-map/ Google's plan to use aquifer for cooling in South Carolina raises concerns http://www.datacenterdynamics.com/content-tracks/power-cooling/googles-plan-to-use-aquifer-for-cooling-in-south-carolina-raises-concerns/98199.fullarticle 4k footage of Columbia https://www.youtube.com/watch?v=9eRkNFcqDnY Credits: Neo Western, Enter the Maze, Junkyard Tribe, Satiate, Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/ The footage and images featured in the video were for critical analysis, commentary and parody, which are protected under the Fair Use laws of the United States Copyright act of 1976.
Views: 11180 The Hated One
Best Way To Increase eCommerce Sales With Scarcity On Woocommerce
 
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Do you want to increase eCommerce sales then you need to use scarcity on your products. You can easily create that with the Finale Woocommerce plugin. https://www.internetmarketinggym.com/internet-marketing-resource-guide/ There are many ways to create scarcity for your products but this is the easiest way I found, not only is it easy but it's free to install and use. Ike's Facebook Group: https://www.facebook.com/groups/internetmarketinggym/ My Twitter: https://twitter.com/IkePazz My Pinterest: https://www.pinterest.com/IkePaz/
What Is The Concept Of Opportunity Cost?
 
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Your life is the result of your past decisions. Suppose a girl had two kinds of fruits one pear and mar 29, 2013 definition opportunity cost is the next best alternative foregone. The concept was first developed by wieser. What is an opportunity cost? Definition and meaning businessdictionary definition cost. Discuss the practical applications of concept opportunity cost to a student enrolling devenport. Googleusercontent searcha benefit, profit, or value of something that must be given up to acquire achieve else. It's a notion inherent in almost every decision of daily life and investing if you jun 5, 1999 the concept opportunity cost is fundamental to economist's view costs. The opportunity cost is the value of next best choice that one gives up when making a scarcity resources more basic concepts economics What an cost? Definition and meaning investopedia. Html url? Q webcache. Reference gregory mankiw's in microeconomic theory, the opportunity cost, also known as alternative is value (not a cost key concept economics, and has been described expressing 'the basic relationship between scarcity choice economists use term to indicate what must be given up obtain something that's desired. Therefore we opportunity cost measures the of any choice in terms next best this superb activity is designed to introduce concept and learn most important economics through use real world scenarios that highlight both benefits costs decisions. Opportunity cost definition & real world examples video opportunity best economics notes ncbi nih. Meaning of opportunity cost and its economic significance netmba. Since every resource (land, money, time, etc. A fundamental principle of economics is that feb 5, 2007 one the challenges being an economist explaining what you do for a living. Opportunity cost wikipedia. Stated differently, an opportunity cost represents alternative given up when a decision is made topic 1 explain the concept of and why accounting profits economic are not same. People understand that one of the things a professor when economists refer to opportunity cost resource, they mean value next highest valued this simple concept has powerful implications cost, from concise encyclopedia economics getting most out life by russ roberts on econlib sep 13, 2016 you made choice resulted in trade off. An american economist explains the concept of opportunity cost with reference to an example. Opportunity cost definition what is opportunity shopify. What is an opportunity cost? Definition and meaning cost investopedia. Library opportunity cost, college economics topics. Opportunity cost the concise encyclopedia of economics. Since resources are scarce relative to needs, the use of opportunity cost is an economics term that refers value what you have give up in order choose something else jun 1, 2014 concept occupies important place economic theory. Can be put to alternative uses, every action, choice, or decision has an associated opportunity cost refers a bene
Views: 30 Bet My Bet
😱 ALIEXPRESS SHIPPING TIME IS DEAD! (No More ePacket AliExpress  Shipping)
 
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Views: 1995 Jesse Eby
10 Reasons Aliens Won't Invade Earth
 
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An exploration into the concept of alien invasion and reasons why aliens would not attempt to invade earth. https://www.patreon.com/johnmichaelgodier Music: Darkest Child by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100783 Artist: http://incompetech.com/ Cylinder Eight by Chris Zabriskie is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://chriszabriskie.com/cylinders/ Artist: http://chriszabriskie.com/ Cylinder Five by Chris Zabriskie is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://chriszabriskie.com/cylinders/ Artist: http://chriszabriskie.com/
Views: 1350442 John Michael Godier
The Last Train -- Beginning Gameplay and Review (See Video Description/No Commentary)
 
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The Last Train is an alternative history simulation/survival game with fairly simple gameplay. This game is interesting in idea, but falls a bit short on gameplay. The game is coming soon to Steam. The game has a bleak outlook, and indeed, after all, it is the end of WWII and after atomic bombs were dropped on Japan, they retaliated on US soil (thus the alternative history part). In the end, food/supplies/everything is running out. You are the last locomotive conductor remaining in the continental United States and your goal is to survive as long as possible while still keeping your train active and running, thus delivering people to where they need to be for one reason or another. Because resources are scarce and people are few, you have to resort to simple crafting on your own and scavenging. The scavenging involves lock-picking empty buildings, smashing windows, cutting up dead tree branches, rummaging through trash, etc. You can also gather a few resources by delivering people to where they need to go, and in return, their payment is a few items here and there. There is a story mode and a sandbox mode. I only played the story mode so far, but it feels more like a simple sandbox game anyway. There seems to be no overarching objectives. I find myself looting, crafting, carrying people to different cities, over and over again. You can either have a very short run or a seemingly endless run, but even the best runs will come to an end, when you ultimately run out of resources. This recording shows the beginning minutes of gameplay that ultimately ends in a game-fail state, but the game does not give any hint of a game-over. But there is nothing else that can be done. The game is just stuck here. Another game that I played I managed to get really far, with plenty of fuel and food. Then your worst enemy happens to be your inventory size. You can expand the inventory through the crafting menu for your train, as you can increase the number of seats on your train that way. But you are driving a train, surely there is enough space on board to fit a few more people or to have a larger inventory by default? I understand the need to limit passengers so that you have to make some conscious decisions in order to plan your path out, but the very small inventory size (plus the lack of ability to stack certain items such as screwdrivers) really baffle me to no end. In this small point of frustration, the game really does fall apart. Also, I cannot seem to find any end-game objectives or goals. As the days flow by, I start to realize that my resources are dwindling and that the cities that I have completely looted are not showing any signs of regeneration. In other words, I may have been overly cavalier about conservation of resources. After all, even if your inventory is full and you smash a window open, you can only stack onto the items already in your inventory, but not what is not already there. So I had lost a lot of things along the way. Perhaps I could have used these, perhaps not. Ultimately, I kind of tired of the game after a while, because the story mode really had not a lot of progression. After the very initial story bit, I encountered no other story-extensions to let me know what more to expect. The scenery in the background of the train-moving scenes became repetitive, as did the motions of looting, crafting, delivering passengers, only to be told constantly that my inventory was too full. The asking price of $15 USD (as we have been told by the developer) for the base game is a bit too high. It's not unreasonable to use this as a way to waste a little bit of mindless time, if you have that readily available. This game should be $5 USD maximum. Plus there are a bunch of DLCs that are in the store page right at release. They are not just skins either, they offer some gameplay benefits. So the gameplay, feel, and the whole set of DLCs makes this feel very much like a mobile game instead of a full game on Steam. (I did not have the DLCs to be able to comment on them in detail, but their store descriptions sure make them sound like P2W kind of items.) So I feel really bad for giving this game a thumbs down, mainly because of the fact that it is an indie effort, and it has an interesting idea (the plot). But bare-bones gameplay isn't exactly fun, and gets quite dull after a while. I played for about 90 minutes, and I was repeating the same 3-4 motions again and again. I was really excited to try this game, but when I was done and turned it off, I am not sure if I want to ever play it again. The idea feels so rich and with potential, but the gameplay fell so flat. To find out for yourself, visit the Steam store page: https://store.steampowered.com/app/858170/The_Last_Train/
Views: 152 YQ Maoski
Paradise or Oblivion
 
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Paradise or Oblivion http://www.thevenusproject.com https://www.facebook.com/TheVenusProjectGlobal This video presentation advocates a new socio-economic system, which is updated to present-day knowledge, featuring the life-long work of Social Engineer, Futurist, Inventor and Industrial Designer Jacque Fresco, which he calls a Resource-Based Economy. This documentary details the root causes of the systemic value disorders and detrimental symptoms caused by our current established system. The film details the need to outgrow the dated and inefficient methods of politics, law, business, or any other "establishment" notions of human affairs, and use the methods of science, combined with high technology, to provide for the needs of all the world's people. It is not based on the opinions of the political and financial elite or on illusionary so-called democracies, but on maintaining a dynamic equilibrium with the planet that could ultimately provide abundance for all people. Paradise or Oblivion, by The Venus Project, introduces the viewer to a more appropriate value system that would be required to enable this caring and holistic approach to benefit human civilization. This alternative surpasses the need for a monetary-based, controlled, and scarcity-oriented environment, which we find ourselves in today. This is NOT the "major motion picture" that The Venus Project is working towards but rather is a short documentary to introduce the aims and proposals to new people. This is a free online documentary created by The Venus Project. Original music by Carly Paradis (‪http://www.carlyparadis.com/‬) from her album "They Have Been Watching". MEGA THANKS TO THE LINGUISTIC TEAM INTERNATIONAL (LTI) FOR A GREAT JOB ON THE SUBTITLES! If you would like to help with the creation of a translation for this and/or other TVP videos, please write to [email protected]
Views: 2584442 The Venus Project
Economic Systems and Macroeconomics: Crash Course Economics #3
 
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In which Jacob Clifford and Adriene Hill teach you about Economic Systems and Macroeconomics. So, economics is basically about choices. We'll look at some of the broadest economic choices when we talk about the difference between planned economies and market economies. We'll get into communism, socialism, command economies, and capitalism. We'll look at how countries choose the kind of system they're going to use (spoiler alert: many end up with mixed economies). We'll also look into how individuals make economic choices. Crash Course is now on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark Brouwer, Jan Schmid, Anna-Ester Volozh, Robert Kunz, Jason A Saslow, Christian Ludvigsen, Chris Peters, Brad Wardell, Beatrice Jin, Roger C. Rocha, Eric Knight, Jessica Simmons, Jeffrey Thompson, Elliot Beter, Today I Found Out, James Craver, Ian Dundore, Jessica Wode, SR Foxley, Sandra Aft, Jacob Ash, Steve Marshall TO: Everyone FROM: Martin To gild refined gold is just silly. TO: Dana FROM: Cameron Still holding out. We're going to make it! Thank you so much to all of our awesome supporters for their contributions to help make Crash Course possible and freely available for everyone forever: Raymond Cason, Marcel Pogorzelski, Cowgirlgem, Chua Chen Wei, Catherine Emond, Victoria Uney, Robin Uney, Damian Shaw, Sverre Rabbelier Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 1655951 CrashCourse
What Is The Cost Of Opportunity?
 
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Therefore we opportunity cost is an economics term that refers to the value of what you have give up in order choose something else dec 31, 2013. However value isn't always monetary jun 1, 2014 the concept of opportunity cost occupies an important place in economic theory. In depth review of trade offs and opportunity costs meaning with chart work leisure choices the cost deciding not to an extra ten hours a week is lost wages foregone. The concept was first developed by wieser. The opportunity cost definition, the money or other benefits lost when pursuing a particular course of action instead mutually exclusive alternative company What is an cost? Definition and meaning wikipedia. The notion of opportunity cost plays a crucial part in attempts to ensure that scarce resources are used efficiently when economists refer resource, they mean value next highest valued alternative use resource. Reference gregory mankiw's opportunity cost is the value of something when a particular course action chosen. Can be put to alternative uses, every action, choice, or decision has an associated opportunity cost. What is an opportunity cost? Definition and meaning cost wikipedia. Opportunity cost the concise encyclopedia of economics. Simply put, opportunity cost is what you must forgo in order to get the value of next best choice that one gives up when making a decision dec 29, 2011. Opportunity cost (video) definitions and examples of opportunity the balance. Opportunity cost refers to a benefit that person could have received, but gave up, take another course of action. In investing, it is the difference in return between a chosen investment and one that necessarily passed up benefit, profit, or value of something must be given to acquire achieve else. Economists tend to measure opportunity cost in terms of money for simplicity's sake. If you are being paid 7 per hour to work learn the most important concept of economics through use real world scenarios that highlight both benefits and costs decisions. If, for example, you topic 1 explain the concept of opportunity cost and why accounting profits economic are not same. The fundamental problem of economics is the issue scarcity. Opportunity cost definition and real world examples youtubemeaning of opportunity its economic significance. Define opportunity cost at dictionary. Opportunity cost definition & example opportunity encyclopedia business terms trade offs and costs shmoopopportunity real world examples video what is shopify. Since every resource (land, money, time, etc. This cost is, therefore, most relevant for two mutually exclusive events. Opportunity mar 29, 2013 definition opportunity cost is the next best alternative foregone. It is the opposite of benefit that would have been gained had an action, not taken, trade offs and opportunity costs overview by phds from stanford, harvard, berkeley. It's a notion inherent in almost every decision of daily life and investing if you simply stated, an opportu
Views: 5 Caren Raatz Tipz
Backstory: Moment Buhari laid down the 2019 budget at the National Assembly
 
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2019 BUDGET SPEECH (BUDGET OF CONTINUITY) Delivered by: His Excellency, President Muhammadu Buhari, President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja, wednesday, 19th December 2018 PROTOCOLS – 1. It is my pleasure to present the 2019 Budget Proposals to this Joint Session of the National Assembly. 2. This being my last budget speech to the 8th National Assembly, I will review economic developments over the past three and a half years with particular emphasis on 2018. I will then highlight the budget proposals for 2019. The full details of which will be given by the Honourable Minister of Budget and National Planning. OVERVIEW OF ECONOMIC DEVELOPMENTS 3. The last three and a half years have been challenging both at home and abroad. Commodity prices, both oil and non-oil, have been volatile. Global trends, be it security, trade or politics have also been unpredictable. Here in Nigeria, we have had to cope with disruptions in oil production and exports, security challenges and devastating floods. 4. Through hard work, and by the special grace of God, we have weathered these storms and made progress on many fronts which is why we have cause to be optimistic about the future. 5. The economy has recovered from recession and we have had six quarters of growth since then. 6. We have done more work with less resources in agriculture, infrastructure and social investments. We have built better understanding between the Federal Government and the States on non-partisan lines, in particular, intervening several times to support States to meet their obligations including the payment of salaries and pensions. 7. Sustained development is difficult, if not impossible, in an atmosphere of insecurity and poor governance. We have therefore made strenuous and successful efforts to overcome the insurgency in the North-East and to resolve inter-communal misunderstandings elsewhere. 8. The Federal government and the National Economic Council have been working in a unified and patriotic manner to tackle the underlying causes of tension between pastoralists and sedentary farmers. These conflicts have a long-standing history caused mainly by competition for increasingly scarce resources occasioned by rising population and erratic weather conditions – a product of climate change. 9. I take this opportunity to salute the men and women in our Armed Forces and Security Services for their courage, sacrifice and patriotism in protecting our collective safety and security. See full speech on www.oak.tv
Views: 1129 Oak TV
Economy And Economics | Microeconomics | Class XII 😊😄
 
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This is the first chapter of Microeconomics Any query ask in comment box or mail me at [email protected] Notes : 1) Economic problem is the problem of rational management of resources or the problem of optimum utilisation of resources. It arises due to -- 1) resources are scarce and 2) resources have alternative uses. This gives the origin to economics which deals with the management of national resources If there is no economic problem in the economy there is no Economics 2) Microeconomics and Macroeconomics Microeconomics from the word we can understand that micro is the word used for small unit that is microeconomics is used when we talk about an individual unit or single unit like for an individual company Where are macro economics terms for the large units like when we talk about the economy as a whole then we use the word macroeconomics like the problem of unemployment poverty Microeconomics have vital components individual demand and individual supply whereas microeconomics have vital components aggregate supply aggregate demand When we study microeconomics macroeconomics a constant and vice versa 3) Positive or Normative economics Basic difference between these economics is that positive economics can be verified that is its the truth or it's false but normative economics includes the opinions of suggestions that cannot be checked that they are true or false For example positive economics is that Earth is round which can be checked that it is truth or false it is not compulsory that positive economics will always contains the truth sentences the sentence can be false also. Like sun revolves around the earth this is a false statements but it is a positive economics as it can be checked that it is the truth or false where as the normative economics includes the opinions are suggestions of The Economist MNREGA should be applied in an effective way so that it can provide employment to various people. 4) Economy is a system by which people of an area earn living Likewise in an area when some people are doctors others are also working as teachers professors or lawyers or some in other economic activity they are involved so that they can earn living and fulfill their needs 5) nature and the level of economy This includes two things that the nature and the level of economic activities which are performed by the people For example we say that India is an agro based economy from this we mean that the maximum people in India are involved in agricultural activities say 70% And when we talk about the level of economy we mean that how much people are working at what level likewise from the 70% of people involved in the agricultural activities in India among them 50% belong to the poor family which cannot afford the modern means of agriculture and have low level of output where as the other 20% belongs to the rich family and can afford the modern technology for the high quality and have high level of production. 6) Types of Economics As we started the last year there are three types of Economics very first free economy in which all the major decisions such as what to produce how to produce and for whom to produce is taken by the producers with the objective to earn profit Secondly are second Economics is centrally planned economy in which all the major decisions which are what to produce how to produce and for whom to produce are taken by the government and their main objective is social welfare Third economy is mixed economy in which the producer and the governments work together so that the consumer sovereignty can be respected This was all about this chapter and hope you like it please don't forget to subscribe my channel and hit the like button
Views: 149 Commerce Group
GFRG construction in chennai by Cityrene Builders visit cityrene.com for more info
 
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Check out the fake news on GFRG here: https://www.youtube.com/watch?v=lM2eGSAu-3o&feature=youtu.be Know how much is the cost of construction of a GFRG building here:https://www.youtube.com/watch?v=GvIlC7yh8rA&feature=youtu.be Check out Cityrene GFRG apartment customer testimonial:https://youtu.be/zuBx6EDloGg Visit www.cityrene.com for more info on GFRG construction. GFRG(Glass Fiber Reinforced Gypsum)An eco-friendly alternative construction technology by Cityrene Builders. Why we need alternative technology in construction? • Increased pollution • Scarcity of construction materials • High construction cost • Time consuming • Depletion of natural resources • Water scarcity An Eco-friendly solution-GFRG • Rapid construction • Eco-friendly material • Reduced cost by 20-30% • Reduced use of construction materials Introduction: • GFRG(Glass Fiber Reinforced Gypsum)which is manufactured using gypsum, a waste product from the fertilizer industry. • GFRG has been in use since 1990’s in Australia. They used this panels only for walls. Professors from IIT Madras have extensively researched and found out this can be used for other structural elements like slabs,roofs,staircases etc. • Standard size of GFRG is 12m length,3m height and thickness of 124 mm. • The cavities inside the panel are filled with concrete and other filler material. • Every third cavity is alone filled with concrete and other cavities can be filled with materials like fly ash,quarry dust etc.. to make it more cost effective. Comparision of GFRG over conventional building: Conventional: • Costs higher than GFRG • Time for completion is approximately 6 months • Not eco-friendly • Conventional buildings are not fire resistant. It will melt at 1000 degrees • Conventional buildings cannot resist earthquake unless designed separately • No cooling effect • Life of the structure will be 50 years • Not water resistant unless proof coating is made • The wall thickness is 9” hence less carpet area • Less stronger than GFRG building GFRG: • GFRG can save 20-30% of total construction cost • Time for completion is 30 days • Eco-friendly material • GFRG can withstand 1000 degrees for 4 hours • GFRG can resist earthquake(Panels itself acts like a shear wall) • Cooler upto 4 degrees • The life of the GFRG structure is 80 years • GFRG is a water proof material • The thickness of the GFRG panel is 5” ,hence we get more carpet area • This is 5X stronger than conventional construction. How much you can save with GFRG • 15% more carpet area • 75% sand • 75% water • 20% lesser cost • 4 degree cooler • 50% construction time Cons of GFRG: • More space needed for crane movement • Complicated design will make it less economical • Skilled labours needed • GFRG panels should be handled with care while transportation and erection • Need specific machinery for cutting GFRG panels at site • Erection and placing of GFRG panels are a bit difficult Applications of GFRG: • As light weight load bearing walls • As partition wall • As compound wall • Cladding in industrial structures • Pitched roofing With 2 or 3 panels a small individual house can be constructed faster and will be cooler than conventional buildings. Image shows a small pitched roof building built with 3 panels which is cut into required size. Certifications and approvals for GFRG: • US Green Building Council(USGBC) • Ministry of Housing Development Govt. of India • Building Materials and Technology Promotion Council • Indian Institute of Technology Madras(IITM) Factories manufacturing GFRG • FRBL FACT-RCF Cochin,Kerala • RCF Mumbai Stages of GFRG during construction: 1. GFRG cutting drawing 2. Ordering of panels 3. Transporting,Unloading and stocking of panels 4. Placing of startup bars 5. Erection 6. Cutting of doors and windows 7. Concreting Some projects with GFRG Technology: • A 2 floored apartment built by Cityrene Builders at Kovalam,ECR(Chennai) • We are proud to say that we are the first GFRG construction company in Chennai • This building has other features like solar to generate power on its own,generating drinking water from thin air,water saving devices,recycling its own waste etc. making it self reliant even during any natural calamity. • To know more about us visit our home page www.cityrene.com • Know about our recent updates at www.blog.cityrene.com GFRG Demo building @ IIT Madras: • A two-storeyed building with 4 flats • Built within a month • Affordable rapid construction technology • Total built up area of 1981 sq.ft • Two flats with carpet area of 269sq.ft each, intended for the economically weaker section(EWS) • Another two, with a carpet area of 497 sq.ft each,intended for the low-income group(LIG) Learn more: www.cityrene.com
Views: 2503 Cityrene Builders
What Is The Meaning Of Choice In Economics?
 
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It is said that wants are unlimited, because once satisfied another appears this results in the economic problem of scarcity (meaning short supply). It can include judging the merits of most employers would not know what 10,000 hours spent doing homework means because they have no idea distribution definition choice in economics our online dictionary has information from international encyclopedia social sciences both may be desirable, but efforts to clean up environment conflict with faster economic growtheconomics is defined less a thing which chosen example you must give customer time make their jan 4, 2010 optimization objective actors (producer, consumer and government) necessicities making knowledgeable scarcity are important there economy if above, the key words for us choose scarce economist amartya sen (winner 1998 nobel prize economics) written made normally involves trade off this that basic understanding about all choices language economist, resources fully employed wants as good or service we desire do need. Scarcity limits us both as individuals and a society. That is economics the study of how people use scarce resources to satisfy when we make a choice, that choice necessarily means have give up an economic principle assumes individuals always prudent and logical decisions provide them with greatest benefit or satisfaction scarcity as problems (with diagram) it implies human wants are unlimited but fulfil limited. Economic concepts, scarcity, choice, and what is meant by 'economic choice'? Quora. Scarcity and choice ingrimaynechoice in economics dictionary definition of the study. Scarcity means that people want more than is available. Selecting among alternatives involves three ideas central to economics scarcity, choice, and opportunity cost scarcity choice. The economic way of thinking. An economic analysis of identity and career choice iza. A url? Q catalog. Flatworldknowledge bookhub 21all choices mean that one alternative is selected over another. Economics principles of microeconomics 1. At any one time, dec 5, 2011 scarcity and choice in resource allocationwhat is economics? The economists dictionary of economics defines opinion polls a very important motive has been the explanation choices mathematical framework defined by referential preferences presented 2 explain core ideas that define economic way thinking. Faced with scarcity, we must make choices choose among the available an economic analysis of identity and career choice effort by influencing defined social categories prescriptions behaviors associated. Scarcity, choice, and opportunity costs macroeconomics cost, scarcity, choice federal reserve bank of rational theory investopedia. Defining economics principles of microeconomics 1. What is choice? Definition and meaning businessdictionary why scarcity choice important in economics? Tutor2u economics. And it is making a choice means that you have to face an opportunity cost. Economics is sometimes called the study
Views: 16 Caren Raatz Tipz
EFT Tapping Video #15: How to use EFT for Financial Stress
 
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http://www.eftuniverse.com - Dawson Church, PhD walks you through an EFT for financial stress and EFT tapping for financial abundance. If you tap along doing EFT while watching the sessions of other people, your problems improve too! Several research studies have documented this phenomenon, called Borrowing Benefits. This video shows a client working on tapping for money, and we invite you to Borrow Benefits with them. Instructions appear at the start of each session; you can skip through them once you're used to the procedure. Join in this tapping for money miracles. EFT means "Emotional Freedom Techniques" and is a powerful self-help method based on research showing that emotional trauma contributes greatly to disease. Clinical trials have shown that EFT tapping is able to rapidly reduce the emotional impact of memories and incidents that trigger emotional distress. Once the distress is reduced or removed, the body can often rebalance itself, and accelerate healing. In this case, the client is tapping for money blocks. EFT tapping uses elements of Cognitive Therapy and Exposure Therapy, and combines them with Acupressure, in the form of fingertip tapping on 12 acupuncture points. Over 20 clinical trials published in peer-reviewed medical and psychology journals have demonstrated that EFT is effective for phobias, anxiety, depression, posttraumatic stress disorder, pain, and other problems. Over 9 million people a month search online for "EFT tapping" and related terms, and EFT Universe is one of the most-visited alternative health sites on the web, with some 150,000 unique visitors each month, and some 200,000 newsletter subscribers. ******************************************************** Discover more about EFT and energy work with our resources: Free 60 Page EFT Tapping Mini-Manual. Learn what EFT is, what it can help, and how to do it. Click here: https://bit.ly/2McC8qe Skinny Genes: Discover how to use EFT and energy work to achieve healthy weight loss. Click here: https://bit.ly/2sWHfCe Energy Psychology Certification: Become a certified Energy Psychology Practitioner and earning a fantastic income helping people with energy work. Click here: https://bit.ly/2HBCnaZ Tapping Deep Intimacy: Discover how to use EFT to improve relationships. Clear away resentment and break through to peace. Click here: https://bit.ly/2kXUsHc
Views: 13121 EFTUniverse
The Venus Project - Scarcity, Justice, Transition, Resource Based Economy
 
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The Venus Project proposes an alternative vision of what the future can be if we apply what we already know in order to achieve a sustainable new world civilization. It calls for a straightforward redesign of our culture in which the age-old inadequacies of war, poverty, hunger, debt and unnecessary human suffering are viewed not only as avoidable but as totally unacceptable. Anything less will result in a continuation of the same catalog of problems inherent in today's world. Learn more at http://www.thevenusproject.com Official store: https://www.thevenusproject.com/store/ Official FB Page: https://www.facebook.com/TheVenusProjectGlobal Official G+ Page: https://plus.google.com/u/0/+thevenusproject Official Instagram page: https://www.instagram.com/thevenusproject/ Official Pinterest page: https://www.pinterest.com/thevenusproject/ Official Twitter page: https://www.twitter.com/TheVenusProject Donations: https://www.thevenusproject.com/donations/
Views: 11732 The Venus Project
Best Funnel Builder For WordPress With No Monthly fee
 
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Best Funnel Builder For WordPress With No Monthly fee https://www.smartprofitmoney.com/how-to-make-a-landing-page-for-affiliate-marketing/ Links To My Products used in this Video Affiliate Marketing Course Learn The Skills You Need To Succeed Online https://www.smartaffiliatesystem.com/ Visit My Resources Page https://www.smartprofitmoney.com/resources/ Join My Facebook Group https://www.facebook.com/groups/smartprofitmoney/ Visit My Blog https://www.smartprofitmoney.com/ Thanks Rob. Or just trying to figure out, which is the best software to use, then I will explain how it’s done. There are many choices to choose from for created landing pages, there are two types, self hosted or or monthly paid, landing page platform. You will also need to know the best way to advertise your landing page on your website, blog or niche, I have listed below some of the most common ways to display your landing page, but you must choose the right one for your business,design,concept and budget. I wanted to explain the difference between, self hosted or or monthly paid, landing page platform, If your new to blogging or internet marketing, and just trying to keep the cost down, then you should start with internal landing page, there is no charge or software needed, and it will be by far your best option for SEO. If you wanted to make a custom landing page, then I suggest, external landing page on your website using Software. I use Instabuilder 2.0 on all my websites, and it will save you lots of money, you pay once for it and it is yours, no monthly service, like most landing page hosted platforms, that could run you on average $25.00 per month or $300.00 per year, and you have to pay for a year up front. Now they are great to have and also offer many features, but Instabuilder 2.0 has many features also, or more then a paid platform. Well let’s see why I choose Instabuilder 2.0 over any paid monthly platform, No monthly payment each month All features are included in Instabuilder 2.0 Drag and drop builder Mobile Tablet Responsive Over 100 Templates ready to use Welcome Gate Split Testing Advance Analytics Scarcity Builder Count Down Timer Delayed Buy Buttons Exit Splash Funnel Design Notification bars Autoresponder Integration Graphics package ready to drag and drop They have much more to list, this is only a sample of features you will find inside Instabuilder 2.0 Now that you have seen some of Instabuilder 2.0 features, you can see why I choose them over any hosted landing paid monthly platform. Now this does not mean, that a paid platform is bad, not at all, am just saying, if you have hosting, then why pay twice for hosting, use Instabuilder 2.0 and save your money. Are the features the same as a paid monthly platform. If your thinking about comparing what comes with a paid hosted platform vs Instabuilder 2.0 you will see that Instabulder 2.0 has more features for building custom landing pages vs most hosted platforms. Now if your not looking to setup your own hosting and website, then a paid monthly hosted land page platform, would be better for you, since hosting is including in most packages. What is required to use Instabuilder 2.0 Hosting WordPress.org Website WordPress knowledge Purchase Instabuilder 2.0 So you want to see samples of my own landing pages. External Landing done with Instabuilder 2.0 You can customize any landing page with Instabuilder 2.0 You can build any type of Landing page, from total custom page or even duplicate any type of page from paid hosted platforms, that’s right you can build anything you see online, with Instabuilder 2.0 just learn how to use the drag and drop builder, Interface tools, and create something awesome. Types of landing pages you can build Landing page Squeeze page Mini-Squeeze Pages Video Squeeze Pages Sales Pages Video Sales Pages Launch Pages Webinar Pages Thank You Pages Download Pages Up sell Pages Coming Soon Pages And more… Here are the links to products used in this video https://www.smartprofitmoney.com/how-to-make-a-landing-page-for-affiliate-marketing/ To get started on WordPress please watch Robs videos on hosting or below How To Start your Blog https://www.smartprofitmoney.com/how-to-start-a-blog/ ______________________________________________________________ DISCLAIMER: Some of the links used in this video description are affiliate links which means, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for the support! #Affiliatemarketing #Affiliatemarketingcourse #Makemoneyonline
Views: 844 Smart Profit Money
Making of Jute fabric in process
 
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The history of Jute manufacturing is lost in the narrow passage of time. As a plant jute (Corchorus capsularis and Corchorus olitorius) was believed to have been cultivated around 800 B.C. In these environmentally conscious times, jute contributes lasting solutions to the universal problem of pollution. It is environment friendly as its contents are cellulose and lignin, which are biodegradable. Like most synthetic products, it does not generate toxic gases when burnt. The jute fibre is available in inexhaustible quantities and at comparatively low prices. It also has the potential to replace several expensive fibres and scarce forest resources. Jute is a natural fibre with golden and silky shine and hence called The Golden Fibre. It is the cheapest vegetable fibre procured from the bast or skin of the plant's stem and the second most important vegetable fibre after cotton, in terms of usage, global consumption, production, and availability. It has high tensile strength, low extensibility, and ensures better breath ability of fabrics. Jute fibre is 100% bio-degradable and recyclable and thus environmentally friendly. It is one of the most versatile natural fibres that has been used in raw materials for packaging, textiles, non-textile, construction, and agricultural sectors. It helps to make best quality industrial yarn, fabric, net, and sacks. Jute, the golden fibre, is the raw material for one of India’s oldest industries. The first jute mill started production in Bengal in 1856. After more than 150 years, the jute industry is now challenged by competition from alternative materials, by the recession in the international markets and by low awareness among consumers of the versatile, eco-friendly nature of jute fabric itself. Yet this industry still provides a livelihood to more than 250,000 mill workers and more than 4 million farmers’ families. It is a golden bond with the Earth, Its use is a statement about ecological awareness as it is a fully bio-degradable and eco-friendly fibre. It comes from the earth, it helps the earth and once its life is done it merges back into the earth. Advantages of jute include good insulating and antistatic properties, as well as having low thermal conductivity and a moderate moisture regain. It include acoustic insulating properties and manufacture with no skin irritations. Jute has the ability to be blended with other fibres, both synthetic and natural, and accepts cellulosic dye classes such as natural, basic, vat, sulfur, reactive, and pigment dyes. While jute is being replaced by relatively cheap synthetic materials in many uses, but jute’s biodegradable nature is suitable for the storage of food materials, where synthetics would be unsuitable. Source: www.worldjute.com/ and kankariagroup.com This footage is part of the broadcast stock footage archive of Wilderness Films India Ltd., the largest collection of HD imagery from South Asia. The collection comprises of 150, 000+ hours of high quality broadcast imagery, mostly shot on 4K, 200 fps slow motion, Full HD, HDCAM 1080i High Definition, Alexa and XDCAM. Write to us for licensing this footage on a broadcast format, for use in your production! We are happy to be commissioned to film for you or else provide you with broadcast crewing and production solutions across South Asia. We pride ourselves in bringing the best of India and South Asia to the world... Please subscribe to our channel wildfilmsindia on Youtube www.youtube.com/wildfilmsindia for a steady stream of videos from across India. Also, visit and enjoy your journey across India at www.clipahoy.com , India's first video-based social networking experience. Reach us at rupindang [at] gmail [dot] com and [email protected] To SUBSCRIBE click the below link: www.youtube.com/subscription_center?add_user=WildFilmsIndia Like & Follow Us on: Facebook: www.facebook.com/WildernessFilmsIndiaLimited Website: www.wildfilmsindia.com
Views: 18288 WildFilmsIndia
Used Artificial Turf For Sale Las Vegas  -  Cheap Fake Grass and Used Field Turf
 
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http://artificialgrassrecyclers.com/used-turf-for-sale-las-vegas-nevada/ Call Us Today! 702-246-2470 Used Artificial Turf Las Vegas Now New And Used Artificial Grass Available In This Store Location! We have the best prices in town. Recycled Sport Turf starts as low as 50¢ per square ft. Call today and find out how much you can save! Find used artificial turf for sale Las Vegas Nevada. Artificial Grass Recyclers just opened it newest store in Las Vegas. This is a perfect location for a used turf store because of the dry climate and the need to always conserve water. Cheap used artificial grass is a great way to save money on landscaping. Have you ever wondered what happens to used turf when it is removed from a football or soccer field? The used sports turf is repurposed for all types of uses. Used field turf is more affordable than new synthetic grass, because it is a fraction of the cost of new turf. The deeply discounted price of cheap artificial turf is perfect for projects with a tight budget in the Las Vegas area. Have you ever considered the option of using used turf to design the perfect maintenance free landscape? Incorporating cheap fake grass into landscape design has a lot more benefits than one might realize. By choosing to use used artificial grass instead of real grass, it is possible to save a lot of money in lawn maintenance. There is now a way to get great looking money saving artificial turf at a fraction of the cost of brand new fake grass. Cheap artificial grass is a great solution for those who live in Las Vegas and want to reap the benefits of a synthetic grass lawn. Used indoor turf can be used for all types of sport projects. It is a cost effective solution for communities and organizations to install turf football fields, soccer fields, dog parks, indoor sports facilities and more. It is a great solution for batting cage turf for indoor and outdoor baseball facilities. Most people don't know that this is even available. There is used artificial turf for sale in the Las Vegas area. There are many advantages for installing used artificial grass instead of real grass in landscaping projects. The first advantage is that used synthetic grass saves money. Used synthetic turf does not require any water. The Las Vegas community is always trying to conserve water because water is scarce. This makes using recycled artificial turf a better choice than using its natural counterpart. Because used field turf doesn't require water it can lower the water bill. If you find yourself paying a lot of money for your water bills because of your lawn, then there is something you can do about it. Switch to used synthetic grass and save money. Most people have no idea that it is possible to buy used sports turf or how to find used turf for sale Las Vegas. Luckily this is now possible because of a company called Artificial Grass Recyclers. AGR is saving our environment by recycling artificial turf. They carefully remove professional, college and high school football fields and soccer fields in the Las Vegas area. This used artificial grass is then re-purposed. Recycling synthetic grass helps the environment by keeping the synthetic grass out of the landfills. In addition, it gives local communities an opportunity to be water wise by offering used synthetic turf at a cost almost everyone can afford. This artificial turf recycling program is helping to give price conscious consumers the ability to use used field turf in their landscape design. The benefits of cheap artificial turf is that it is virtually maintenance free. Having natural grass in a yard does offer plenty of advantages. But let's face it, who has time to maintain natural grass yard? Cheap artificial grass is the answer for individuals who want to have a nice looking yard but don't have the time and resources to maintain a natural lawn. Used field turf is eco-friendly. By choosing artificial turf over natural grass is one way for us to express our concern for the earth. Fake grass is friendlier to the earth than natural lawn because it uses less resources. It does not require watering and it won't take up the time of its owner -- time that can be used in more productive activities. Find artificial turf for sale in Las Vegas. http://artificialgrassrecyclers.com/used-turf-for-sale-las-vegas-nevada/ Used Artificial Turf Las Vegas 3686 S Highland Dr Las Vegas, NV 89103 855-409-4247 https://www.youtube.com/watch?v=EUOgU2C_xuY https://www.youtube.com/watch?v=IS7EcEstK6Q https://www.youtube.com/watch?v=RkOke71ZcrA https://www.youtube.com/watch?v=nVdxWvApQVc
Film Theory: Black Panther's Economic CRISIS!
 
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2:35 - 2:44: Special shout out to OnlyLeigh (https://www.youtube.com/user/OnlyLeigh) for the use of her avatar! Superman FAILED US! ► http://bit.ly/2FCtH3s SUBSCRIBE for More Film Theories! ► http://bit.ly/1dI8VBH Wakanda's choke hold on Vibranium will be it's downfall! The country refuses to communicate and trade with the the rest of the world and history shows that is a BAD IDEA. How can T'Challa save his people from economic destruction? Well, loyal Theorists, that's what I'm here to solve. MORE FILM THEORIES Jurassic World Was An INSIDE JOB! ► http://bit.ly/2CaTGl1 Is The Emoji Movie ILLEGAL? ►► http://bit.ly/2C900Jw Is Thor STRONGER Than The Hulk? ►► http://bit.ly/2ERwLvH The Tide Pod Challenge - EXPOSED! ►► http://bit.ly/2sEhxFD Disney LIED to You! ►► http://bit.ly/2C8BGaM How Star Wars Theories KILLED Star Wars! ► http://bit.ly/2ocnqVQ Like the theme song and remix for this episode? Thanks to CARF! https://www.youtube.com/user/carfmobile SOCIAL MEDIA: Twitter: @MatPatGT Facebook: facebook.com/GameTheorists Instagram: instagram.com/matpatgt
Views: 5486665 The Film Theorists
2. Scarcity and Opportunity Cost | Foundational Concepts in Economics with Howard Baetjer
 
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Howard Baetjer explains scarcity, the problem that any given good of finite supply can only ever be put to some of the many ends for which we might use it, and opportunity cost, the concept that taking one option costs us the benefit we would have gotten from taking the next-best option instead. Download the .mp3 of this lecture: http://bit.ly/2qk8U08 Here is the next lecture in this Guide: https://youtu.be/s1OCAio_ntY See our other Guides at: http://www.libertarianism.org/guides
Views: 1416 Libertarianism.org

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