What causes an economic recession? - Richard Coffin

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What causes an economic recession? - Richard Coffin with tags recession, economic recession, causes of recession, supply and demand, economics, macroeconomics, microeconomics, gdp, great depression, inflation, inflation rate, interest rates, market, dow jones industrial average, stock market, money, goods and services, debt, natural disaster, war, prosperity, consumers, psychology, federal reserve, education, animation, ted, ted-ed, ted ed, teded, ted education, richard m. coffin, augenblick studios, finance, money management

How can factors like inflation, supply and demand, and interest rates trigger recessions? Learn the economic basics of modern markets.--For millennia, the people of Britain had been using bronze to make tools and jewelry, and as a currency for trade. But around 800 BCE, that began to change: the value of bronze declined, causing social upheaval and an economic crisis what we would call a recession today. So what causes recessions? Richard Coffin digs into the economic fluctuations that affect our modern markets.Lesson by Richard Coffin, directed by Augenblick Studios.Animator's website: http://nabilburias.comEducator's channel: https://www.youtube.com/c/ThePlainBagelSign up for our newsletter: http://bit.ly/TEDEdNewsletterSupport us on Patreon: http://bit.ly/TEDEdPatreonFollow us on Facebook: http://bit.ly/TEDEdFacebookFind us on Twitter: http://bit.ly/TEDEdTwitterPeep us on Instagram: http://bit.ly/TEDEdInstagramView full lesson: https://ed.ted.com/lessons/what-causes-an-economic-recession-richard-m-coffinThank you so much to our patrons for your support! Without you this video would not be possible! Felipe Hoff, Rebecca Reineke, Cyrus Garay, Victoria Veretilo, Michael Aquilina, William Biersdorf, Patricia Alves Panagides, Valeria Sloan Vasquez, Mike Azarkman, Yvette Mocete, Pavel Maksimov, Victoria Soler-Roig, Betsy Feathers, Samuel Barbas, Therapist Gus, Sai Krishna Koyoda, Elizabeth Parker, William Bravante, Irindany Sandoval, Mark wisdom, Brighteagle, Beatriz Incio, Mighterbump, Pamela Harrison, Maija Chapman, Liana Switzer, Curtis Light, The Brock, Dianne Palomar, Edgar Campos Barrachina, Maria Lerchbaumer, Ever Granada, Marin Kovachev, Ravi S. Rmphal, Penelope Misquitta, Tekin Gltekin, Jhuval, Hans Peng, Gaurav Mathur, Erik Biemans, Tony, Michelle, Katie and Josh Pedretti, Vaibhav Mirjolkar, Thomas Bahrman, Allan Hayes, Aidan Forero, Uday Kishore, Mikhail Shkirev, Devesh Kumar, Sunny Patel and Anuj Tomar.