- published: 18 Nov 2015
- views: 94080
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Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed?
The cashier is computing a very important number: gross domestic product, or GDP.
GDP is the market value of all finished goods and services, produced within a country in a year.
But, what does "market value" mean? And what defines a "finished good"?
These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour.
In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way.
Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?”
Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute.
So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP.
Macroeconomics Course: http://bit.ly/1R1PL5x
Ask a question about the video: http://bit.ly/1p4ZtxL
Next video: http://bit.ly/1mY2bn0
Help us caption & translate this video!
http://amara.org/v/HZv3/
GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In the seventh episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living.
- published: 07 Oct 2014
- views: 67952
In this session the concepts of gross investment and depreciation are explained by Ms. Dipika. For more information visit www.doorsteptutor.com or email contactus@doorsteptutor.com
- published: 12 Oct 2014
- views: 3711
This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you don't have a big picture of the economy, crashes and panics are more likely. Of course, economics is extremely complex and unpredictable. Today we'll talk about GDP as a measure of a country's economic health, the basics of economic analysis, and even a little about full employment, unemployment
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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters
--
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
- published: 24 Aug 2015
- views: 478455
Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going to talk about wealth inequality and income inequality. There's no question that economic inequality is real. But there is disagreement as to whether income inequality is a problem, and what can or should be done about it.
***
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
- published: 06 Dec 2015
- views: 558278
Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigate just why some economies are more productive than others, and what happens when an economy is mor productive. We'll look at how things like per capita GDP translate to the lifestyle of normal people. And, there's a mystery.
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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters
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
- published: 28 Aug 2015
- views: 360077
This talk was given at a local TEDx event, produced independently of the TED Conferences. Rapid and unpredictable economic growth in companies and countries means that we have to be careful about making predictions while remaining flexible, protected and alert to opportunities for personal and corporate economic development. We are living in a time when you have to constantly evaluate where you are and recognize that skills are only good for 6 months to 2 years and constant relearning is essential for success.
Journalist and author Daniel Gross is editor of global finance for Daily Beast/Newsweek. He was formerly Senior Editor at Newsweek, and between 2010 and 2012 was employed at Yahoo! Finance. A native of East Lansing, Michigan, Gross graduated from Cornell University and holds an A.M. in American history from Harvard University.
About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
- published: 20 Nov 2014
- views: 168
What is the meaning of "gross" in Gross Domestic Product?
Gross investments = net investments + depreciation
- published: 07 Feb 2017
- views: 46
What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ. Deficit and debt are easy to misunderstand, but luckily, they're also pretty easy to understand. This week we'll explain what deficit and debt are, and talk about what the sources of deficit and debt are for the US Government. Also, we'll take a very special trip to Cliffordonia to try and understand these concepts and get a look at what a colonial-era space program might have looked like.
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 , Elliot Beter, Moritz Schmidt, Jeffrey Thompson, Ian Dundore, Jacob Ash, Jessica Wode, Today I Found Out, Christy Huddleston, James Craver, Chris Peters, SR Foxley, Steve Marshall, Simun Niclasen, Eric Kitchen, Robert Kunz, Avi Yashchin, Jason A Saslow, Jan Schmid, Daniel Baulig, Christian , Anna-Ester Volozh
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
- published: 23 Sep 2015
- views: 276556
Transcript:
1 In macroeconomics, we study the economy of one country.
2 Then try to understand how 2 countries interact and trade.
3 And hopefully, understand the global economy.
4 So today, we are going to study the circular flow of income.
5 Let’s make things really simple.
5 Imagine we are alone on an isolated island. There’s no government, no trade, no savings.
I told you, it's simple!
6 There’s only firms and households. (2-sector economy: firms + households (closed economy))
7 Firms provide households with goods and services.
7 Out of thin air?
7 Nah..
8 Firms gotta get factors of production from households.
8 It can be labor, land, capital or…
8 Face it. Some of us in households are going to be entrepreneurs. (For more information on factors of production: check out this video)
8 So…entrepreneurship.
9 For free? You wish!
9 We don’t get freebies from firms.
9 We don’t provide labor for free either.
10 So there’s money flowing in the opposite direction.
11 Households gotta pay firms for the goods they get.
12 Firms also gotta pay households in the form of wages, rents, interests or profits.
12 But this is a little weird.
12 We don’t spend everything we earn in real life.
13 So let’s add savings.
13 Savings is money we don’t spend.
13 So there’s money flowing out.
14 Hey, savings don’t just sit in banks…
14 Banks invest in firms by lending to them.
14 Cos firms need money to buy capital equipment or cover other costs of production.
14 So there's investments flowing into the economy.
14 Bravo! Awesome!
14 But this is a little too simplified.
15 Let’s add government. (3 sector economy: firms + households + government)
15 Government buys stuff as well.
15 So there’s money flowing in.
16 Government gets money from taxes.
16 Taxes. So there’s money flowing out.
16 Cos for the money we’re paying as taxes, we cannoyt spend it.
17 Lastly, countries interact with one another.
17 Imagine this is an American economy.
18 Let’s add trade. (4 sector economy: firms + households + government + foreign sector)
18 America imports stuff.
18 For example, America can import shoes from China.
18 Shoes flow from China into America.
19 And money spent on imports flows out of America into China.
19 America exports too.
19 America can produce software
19 and export it to foreigners,
20 Money then flows from foreign countries into America.
20 This is America's export earnings.
21 Investments, Government Spending and Export earnings are called Injections.
21 Cos money is flowing in.
22 Savings, taxes and import spending are called leakages or withdrawals.
22 Cos money leaks out of the system.
And hey, injections and leakages are sort of related.
Investments come from savings.
Government spending comes from taxes.
America makes money from foreigners by exporting.
But foreigners also make money from America when America imports.
Wow…no wonder it's Circular Flow of Income
It tells us roughly how an economy functions.
23 How do we measure the size of an economy then?
24 By measuring Gross Domestic Product or GDP.
24 GDP is the total value of all final goods and services produced within the borders of a country during a given period.
25 Why must it be FINAL goods and services?
(Hint: it's in the next video)
26 If you like this video, remember to like and subscribe.
27 Next up: Measuring GDP: Output Approach
_______________________________________________
How does an economy function? Look at the Circular Flow of Income.
Who are the major players in an economy? In order of increasing complexity, there are:
2-sector economy: households + firms
3-sector economy: households + firms + government
4-sector economy: households + firms + government + foreign sector
There are real goods and services flowing in one direction in the circular flow of income and money flowing in the opposite direction. When money flowing to the country, it's called injections. When money flows out, it's called withdrawals or leakages.
Injections consist of government spending, investments and exports. Leakages or withdrawals include imports, taxes and savings. Injections and leakages/withdrawals are related to each other. This is because government spending comes from tax revenues and investments, at least the local component, come from savings. That said, investments can flow from foreign countries in the form of foreign direct investments (FDI). Lastly, while money can flow from foreign countries when we export overseas, money also leaks out of the country because we import.
Important definitions:
Gross Domestic Product or GDP is the total value of all final goods and services produced within the borders of a country during a given period.
Use flashcards to remember these definitions in economics:
http://www.memrise.com/course/461808/economics-101/
- published: 22 Nov 2014
- views: 35199
Gross (economics)
In economics, gross means before deductions or expenses. The antonym is net, meaning after deductions.
Usage
Gross may be used as an adjective, following the noun which it modifies, e.g., "earned two million dollars, gross". It may also be used as a verb, e.g., "this movie grossed two million dollars on its opening weekend".
Examples
This page contains text from Wikipedia, the Free Encyclopedia -
https://wn.com/Gross_(economics)
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
Crash Course
Crash Course (also known as Driving Academy) is a 1988 made for television teen film directed by Oz Scott.
Plot
Crash Course centers on a group of high schoolers in a driver’s education class; many for the second or third time. The recently divorced teacher, super-passive Larry Pearl, is on thin ice with the football fanatic principal, Principal Paulson, who is being pressured by the district superintendent to raise driver’s education completion rates or lose his coveted football program. With this in mind, Principal Paulson and his assistant, with a secret desire for his job, Abner Frasier, hire an outside driver’s education instructor with a very tough reputation, Edna Savage, aka E.W. Savage, who quickly takes control of the class.
The plot focuses mostly on the students and their interactions with their teachers and each other. In the beginning, Rico is the loner with just a few friends, Chadley is the bookish nerd with few friends who longs to be cool and also longs to be a part of Vanessa’s life who is the young, friendly and attractive girl who had to fake her mother’s signature on her driver’s education permission slip. Kichi is the hip-hop Asian kid who often raps what he has to say and constantly flirts with Maria, the rich foreign girl who thinks that the right-of-way on the roadways always goes to (insert awesomely fake foreign Latino accent) “my father’s limo”. Finally you have stereotypical football meathead J.J., who needs to pass his English exam to keep his eligibility and constantly asks out and gets rejected by Alice, the tomboy whose father owns “Santini & Son” Concrete Company. Alice is portrayed as being the “son” her father wanted.
This page contains text from Wikipedia, the Free Encyclopedia -
https://wn.com/Crash_Course
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
Gross
Gross may refer to:
Common meanings
Places
Other uses
See also
This page contains text from Wikipedia, the Free Encyclopedia -
https://wn.com/Gross
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
Gross domestic product
Gross domestic product (GDP) is a monetary measure of the value of all final goods and services produced in a period (quarterly or yearly). Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Nominal GDP however do not reflect differences in the cost of living and the inflation rates of the countries; therefore using a GDP PPP per capita basis is arguably more useful when comparing differences in living standards between nations.
GDP is not a complete measure of economic activity. It accounts for final output or value added at each stage of production, but not total output or total sales along the entire production process. It deliberately leaves out business-to-business (B2B) transactions in the early and intermediate stages of production, as well as sales of used goods. In the United States, the Bureau of Economic Analysis (BEA) has introduced a new quarterly statistic called gross output (GO), a broader measure that attempts to add up total sales or revenues at all stages of production.Mark Skousen was the first economist to advocate GO as an important macroeconomic tool. Other countries are following suit, such as the United Kingdom, which now producing an annual statistic called Total Output.
This page contains text from Wikipedia, the Free Encyclopedia -
https://wn.com/Gross_domestic_product
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
Course
Course can refer to:
This page contains text from Wikipedia, the Free Encyclopedia -
https://wn.com/Course
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
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4:36What is Gross Domestic Product (GDP)?
What is Gross Domestic Product (GDP)?What is Gross Domestic Product (GDP)?
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed? The cashier is computing a very important number: gross domestic product, or GDP. GDP is the market value of all finished goods and services, produced within a country in a year. But, what does "market value" mean? And what defines a "finished good"? These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour. In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way. Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?” Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute. So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1p4ZtxL Next video: http://bit.ly/1mY2bn0 Help us caption & translate this video! http://amara.org/v/HZv3/ -
7:52Gross Domestic Product – The Economic Lowdown Video Series
Gross Domestic Product – The Economic Lowdown Video SeriesGross Domestic Product – The Economic Lowdown Video Series
GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In the seventh episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living. -
7:52Gross Investment and Depreciation: Fundamentals of Economics
Gross Investment and Depreciation: Fundamentals of EconomicsGross Investment and Depreciation: Fundamentals of Economics
In this session the concepts of gross investment and depreciation are explained by Ms. Dipika. For more information visit www.doorsteptutor.com or email contactus@doorsteptutor.com -
13:43Macroeconomics: Crash Course Economics #5
Macroeconomics: Crash Course Economics #5Macroeconomics: Crash Course Economics #5
This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you don't have a big picture of the economy, crashes and panics are more likely. Of course, economics is extremely complex and unpredictable. Today we'll talk about GDP as a measure of a country's economic health, the basics of economic analysis, and even a little about full employment, unemployment 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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters -- 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 -
10:16Income and Wealth Inequality: Crash Course Economics
Income and Wealth Inequality: Crash Course EconomicsIncome and Wealth Inequality: Crash Course Economics
Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going to talk about wealth inequality and income inequality. There's no question that economic inequality is real. But there is disagreement as to whether income inequality is a problem, and what can or should be done about it. *** 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 -
8:51Productivity and Growth: Crash Course Economics #6
Productivity and Growth: Crash Course Economics #6Productivity and Growth: Crash Course Economics #6
Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigate just why some economies are more productive than others, and what happens when an economy is mor productive. We'll look at how things like per capita GDP translate to the lifestyle of normal people. And, there's a mystery. 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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters 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 -
23:53Disruptive economics | Dan Gross | TEDxWestportLibrary
Disruptive economics | Dan Gross | TEDxWestportLibraryDisruptive economics | Dan Gross | TEDxWestportLibrary
This talk was given at a local TEDx event, produced independently of the TED Conferences. Rapid and unpredictable economic growth in companies and countries means that we have to be careful about making predictions while remaining flexible, protected and alert to opportunities for personal and corporate economic development. We are living in a time when you have to constantly evaluate where you are and recognize that skills are only good for 6 months to 2 years and constant relearning is essential for success. Journalist and author Daniel Gross is editor of global finance for Daily Beast/Newsweek. He was formerly Senior Editor at Newsweek, and between 2010 and 2012 was employed at Yahoo! Finance. A native of East Lansing, Michigan, Gross graduated from Cornell University and holds an A.M. in American history from Harvard University. About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations) -
2:58Economics: What is "gross" in GDP?
Economics: What is "gross" in GDP?Economics: What is "gross" in GDP?
What is the meaning of "gross" in Gross Domestic Product? Gross investments = net investments + depreciation -
7:31Deficits & Debts: Crash Course Economics #9
Deficits & Debts: Crash Course Economics #9Deficits & Debts: Crash Course Economics #9
What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ. Deficit and debt are easy to misunderstand, but luckily, they're also pretty easy to understand. This week we'll explain what deficit and debt are, and talk about what the sources of deficit and debt are for the US Government. Also, we'll take a very special trip to Cliffordonia to try and understand these concepts and get a look at what a colonial-era space program might have looked like. 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 , Elliot Beter, Moritz Schmidt, Jeffrey Thompson, Ian Dundore, Jacob Ash, Jessica Wode, Today I Found Out, Christy Huddleston, James Craver, Chris Peters, SR Foxley, Steve Marshall, Simun Niclasen, Eric Kitchen, Robert Kunz, Avi Yashchin, Jason A Saslow, Jan Schmid, Daniel Baulig, Christian , Anna-Ester Volozh 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 -
5:11Circular Flow of Income. How the different components of an economy interact.
Circular Flow of Income. How the different components of an economy interact.Circular Flow of Income. How the different components of an economy interact.
Transcript: 1 In macroeconomics, we study the economy of one country. 2 Then try to understand how 2 countries interact and trade. 3 And hopefully, understand the global economy. 4 So today, we are going to study the circular flow of income. 5 Let’s make things really simple. 5 Imagine we are alone on an isolated island. There’s no government, no trade, no savings. I told you, it's simple! 6 There’s only firms and households. (2-sector economy: firms + households (closed economy)) 7 Firms provide households with goods and services. 7 Out of thin air? 7 Nah.. 8 Firms gotta get factors of production from households. 8 It can be labor, land, capital or… 8 Face it. Some of us in households are going to be entrepreneurs. (For more information on factors of production: check out this video) 8 So…entrepreneurship. 9 For free? You wish! 9 We don’t get freebies from firms. 9 We don’t provide labor for free either. 10 So there’s money flowing in the opposite direction. 11 Households gotta pay firms for the goods they get. 12 Firms also gotta pay households in the form of wages, rents, interests or profits. 12 But this is a little weird. 12 We don’t spend everything we earn in real life. 13 So let’s add savings. 13 Savings is money we don’t spend. 13 So there’s money flowing out. 14 Hey, savings don’t just sit in banks… 14 Banks invest in firms by lending to them. 14 Cos firms need money to buy capital equipment or cover other costs of production. 14 So there's investments flowing into the economy. 14 Bravo! Awesome! 14 But this is a little too simplified. 15 Let’s add government. (3 sector economy: firms + households + government) 15 Government buys stuff as well. 15 So there’s money flowing in. 16 Government gets money from taxes. 16 Taxes. So there’s money flowing out. 16 Cos for the money we’re paying as taxes, we cannoyt spend it. 17 Lastly, countries interact with one another. 17 Imagine this is an American economy. 18 Let’s add trade. (4 sector economy: firms + households + government + foreign sector) 18 America imports stuff. 18 For example, America can import shoes from China. 18 Shoes flow from China into America. 19 And money spent on imports flows out of America into China. 19 America exports too. 19 America can produce software 19 and export it to foreigners, 20 Money then flows from foreign countries into America. 20 This is America's export earnings. 21 Investments, Government Spending and Export earnings are called Injections. 21 Cos money is flowing in. 22 Savings, taxes and import spending are called leakages or withdrawals. 22 Cos money leaks out of the system. And hey, injections and leakages are sort of related. Investments come from savings. Government spending comes from taxes. America makes money from foreigners by exporting. But foreigners also make money from America when America imports. Wow…no wonder it's Circular Flow of Income It tells us roughly how an economy functions. 23 How do we measure the size of an economy then? 24 By measuring Gross Domestic Product or GDP. 24 GDP is the total value of all final goods and services produced within the borders of a country during a given period. 25 Why must it be FINAL goods and services? (Hint: it's in the next video) 26 If you like this video, remember to like and subscribe. 27 Next up: Measuring GDP: Output Approach _______________________________________________ How does an economy function? Look at the Circular Flow of Income. Who are the major players in an economy? In order of increasing complexity, there are: 2-sector economy: households + firms 3-sector economy: households + firms + government 4-sector economy: households + firms + government + foreign sector There are real goods and services flowing in one direction in the circular flow of income and money flowing in the opposite direction. When money flowing to the country, it's called injections. When money flows out, it's called withdrawals or leakages. Injections consist of government spending, investments and exports. Leakages or withdrawals include imports, taxes and savings. Injections and leakages/withdrawals are related to each other. This is because government spending comes from tax revenues and investments, at least the local component, come from savings. That said, investments can flow from foreign countries in the form of foreign direct investments (FDI). Lastly, while money can flow from foreign countries when we export overseas, money also leaks out of the country because we import. Important definitions: Gross Domestic Product or GDP is the total value of all final goods and services produced within the borders of a country during a given period. Use flashcards to remember these definitions in economics: http://www.memrise.com/course/461808/economics-101/
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What is Gross Domestic Product (GDP)?
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed? The cashier is computing a very important number: gross domestic product, or GDP. GDP is the market value of all finished goods and services, produced within a country in a year. But, what does "market value" mean? And what defines a "finished good"? These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour. In this video, join us as ...
published: 18 Nov 2015 -
Gross Domestic Product – The Economic Lowdown Video Series
GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In the seventh episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living.
published: 07 Oct 2014 -
Gross Investment and Depreciation: Fundamentals of Economics
In this session the concepts of gross investment and depreciation are explained by Ms. Dipika. For more information visit www.doorsteptutor.com or email contactus@doorsteptutor.com
published: 12 Oct 2014 -
Macroeconomics: Crash Course Economics #5
This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you don't have a big picture of the economy, crashes and panics are more likely. Of course, economics is extremely complex and unpredictable. Today we'll talk about GDP as a measure of a country's economic health, the basics of economic analysis, and even a little about full employment, unemployment 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, Jan Schmid, Simun Niclas...
published: 24 Aug 2015 -
Income and Wealth Inequality: Crash Course Economics
Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going to talk about wealth inequality and income inequality. There's no question that economic inequality is real. But there is disagreement as to whether income inequality is a problem, and what can or should be done about it. *** 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...
published: 06 Dec 2015 -
Productivity and Growth: Crash Course Economics #6
Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigate just why some economies are more productive than others, and what happens when an economy is mor productive. We'll look at how things like per capita GDP translate to the lifestyle of normal people. And, there's a mystery. 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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thomp...
published: 28 Aug 2015 -
Disruptive economics | Dan Gross | TEDxWestportLibrary
This talk was given at a local TEDx event, produced independently of the TED Conferences. Rapid and unpredictable economic growth in companies and countries means that we have to be careful about making predictions while remaining flexible, protected and alert to opportunities for personal and corporate economic development. We are living in a time when you have to constantly evaluate where you are and recognize that skills are only good for 6 months to 2 years and constant relearning is essential for success. Journalist and author Daniel Gross is editor of global finance for Daily Beast/Newsweek. He was formerly Senior Editor at Newsweek, and between 2010 and 2012 was employed at Yahoo! Finance. A native of East Lansing, Michigan, Gross graduated from Cornell University and holds an A.M....
published: 20 Nov 2014 -
Economics: What is "gross" in GDP?
What is the meaning of "gross" in Gross Domestic Product? Gross investments = net investments + depreciation
published: 07 Feb 2017 -
Deficits & Debts: Crash Course Economics #9
What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ. Deficit and debt are easy to misunderstand, but luckily, they're also pretty easy to understand. This week we'll explain what deficit and debt are, and talk about what the sources of deficit and debt are for the US Government. Also, we'll take a very special trip to Cliffordonia to try and understand these concepts and get a look at what a colonial-era space program might have looked like. 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 fr...
published: 23 Sep 2015 -
Circular Flow of Income. How the different components of an economy interact.
Transcript: 1 In macroeconomics, we study the economy of one country. 2 Then try to understand how 2 countries interact and trade. 3 And hopefully, understand the global economy. 4 So today, we are going to study the circular flow of income. 5 Let’s make things really simple. 5 Imagine we are alone on an isolated island. There’s no government, no trade, no savings. I told you, it's simple! 6 There’s only firms and households. (2-sector economy: firms + households (closed economy)) 7 Firms provide households with goods and services. 7 Out of thin air? 7 Nah.. 8 Firms gotta get factors of production from households. 8 It can be labor, land, capital or… 8 Face it. Some of us in households are going to be entrepreneurs. (For more information on factors of production: check out this video...
published: 22 Nov 2014
What is Gross Domestic Product (GDP)?
- Order: Reorder
- Duration: 4:36
- Updated: 18 Nov 2015
- views: 94080
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for ea...
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed?
The cashier is computing a very important number: gross domestic product, or GDP.
GDP is the market value of all finished goods and services, produced within a country in a year.
But, what does "market value" mean? And what defines a "finished good"?
These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour.
In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way.
Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?”
Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute.
So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP.
Macroeconomics Course: http://bit.ly/1R1PL5x
Ask a question about the video: http://bit.ly/1p4ZtxL
Next video: http://bit.ly/1mY2bn0
Help us caption & translate this video!
http://amara.org/v/HZv3/
https://wn.com/What_Is_Gross_Domestic_Product_(Gdp)
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed?
The cashier is computing a very important number: gross domestic product, or GDP.
GDP is the market value of all finished goods and services, produced within a country in a year.
But, what does "market value" mean? And what defines a "finished good"?
These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour.
In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way.
Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?”
Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute.
So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP.
Macroeconomics Course: http://bit.ly/1R1PL5x
Ask a question about the video: http://bit.ly/1p4ZtxL
Next video: http://bit.ly/1mY2bn0
Help us caption & translate this video!
http://amara.org/v/HZv3/
- published: 18 Nov 2015
- views: 94080
Gross Domestic Product – The Economic Lowdown Video Series
- Order: Reorder
- Duration: 7:52
- Updated: 07 Oct 2014
- views: 67952
GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex t...
GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In the seventh episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living.
https://wn.com/Gross_Domestic_Product_–_The_Economic_Lowdown_Video_Series
GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In the seventh episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living.
- published: 07 Oct 2014
- views: 67952
Gross Investment and Depreciation: Fundamentals of Economics
- Order: Reorder
- Duration: 7:52
- Updated: 12 Oct 2014
- views: 3711
In this session the concepts of gross investment and depreciation are explained by Ms. Dipika. For more information visit www.doorsteptutor.com or email contact...
In this session the concepts of gross investment and depreciation are explained by Ms. Dipika. For more information visit www.doorsteptutor.com or email contactus@doorsteptutor.com
https://wn.com/Gross_Investment_And_Depreciation_Fundamentals_Of_Economics
In this session the concepts of gross investment and depreciation are explained by Ms. Dipika. For more information visit www.doorsteptutor.com or email contactus@doorsteptutor.com
- published: 12 Oct 2014
- views: 3711
Macroeconomics: Crash Course Economics #5
- Order: Reorder
- Duration: 13:43
- Updated: 24 Aug 2015
- views: 478455
This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and mon...
This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you don't have a big picture of the economy, crashes and panics are more likely. Of course, economics is extremely complex and unpredictable. Today we'll talk about GDP as a measure of a country's economic health, the basics of economic analysis, and even a little about full employment, unemployment
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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters
--
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
https://wn.com/Macroeconomics_Crash_Course_Economics_5
This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you don't have a big picture of the economy, crashes and panics are more likely. Of course, economics is extremely complex and unpredictable. Today we'll talk about GDP as a measure of a country's economic health, the basics of economic analysis, and even a little about full employment, unemployment
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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters
--
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
- published: 24 Aug 2015
- views: 478455
Income and Wealth Inequality: Crash Course Economics
- Order: Reorder
- Duration: 10:16
- Updated: 06 Dec 2015
- views: 558278
Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going to ...
Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going to talk about wealth inequality and income inequality. There's no question that economic inequality is real. But there is disagreement as to whether income inequality is a problem, and what can or should be done about it.
***
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
https://wn.com/Income_And_Wealth_Inequality_Crash_Course_Economics
Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going to talk about wealth inequality and income inequality. There's no question that economic inequality is real. But there is disagreement as to whether income inequality is a problem, and what can or should be done about it.
***
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
- published: 06 Dec 2015
- views: 558278
Productivity and Growth: Crash Course Economics #6
- Order: Reorder
- Duration: 8:51
- Updated: 28 Aug 2015
- views: 360077
Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigat...
Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigate just why some economies are more productive than others, and what happens when an economy is mor productive. We'll look at how things like per capita GDP translate to the lifestyle of normal people. And, there's a mystery.
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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters
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
https://wn.com/Productivity_And_Growth_Crash_Course_Economics_6
Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigate just why some economies are more productive than others, and what happens when an economy is mor productive. We'll look at how things like per capita GDP translate to the lifestyle of normal people. And, there's a mystery.
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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters
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
- published: 28 Aug 2015
- views: 360077
Disruptive economics | Dan Gross | TEDxWestportLibrary
- Order: Reorder
- Duration: 23:53
- Updated: 20 Nov 2014
- views: 168
This talk was given at a local TEDx event, produced independently of the TED Conferences. Rapid and unpredictable economic growth in companies and countries mea...
This talk was given at a local TEDx event, produced independently of the TED Conferences. Rapid and unpredictable economic growth in companies and countries means that we have to be careful about making predictions while remaining flexible, protected and alert to opportunities for personal and corporate economic development. We are living in a time when you have to constantly evaluate where you are and recognize that skills are only good for 6 months to 2 years and constant relearning is essential for success.
Journalist and author Daniel Gross is editor of global finance for Daily Beast/Newsweek. He was formerly Senior Editor at Newsweek, and between 2010 and 2012 was employed at Yahoo! Finance. A native of East Lansing, Michigan, Gross graduated from Cornell University and holds an A.M. in American history from Harvard University.
About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
https://wn.com/Disruptive_Economics_|_Dan_Gross_|_Tedxwestportlibrary
This talk was given at a local TEDx event, produced independently of the TED Conferences. Rapid and unpredictable economic growth in companies and countries means that we have to be careful about making predictions while remaining flexible, protected and alert to opportunities for personal and corporate economic development. We are living in a time when you have to constantly evaluate where you are and recognize that skills are only good for 6 months to 2 years and constant relearning is essential for success.
Journalist and author Daniel Gross is editor of global finance for Daily Beast/Newsweek. He was formerly Senior Editor at Newsweek, and between 2010 and 2012 was employed at Yahoo! Finance. A native of East Lansing, Michigan, Gross graduated from Cornell University and holds an A.M. in American history from Harvard University.
About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
- published: 20 Nov 2014
- views: 168
Economics: What is "gross" in GDP?
- Order: Reorder
- Duration: 2:58
- Updated: 07 Feb 2017
- views: 46
What is the meaning of "gross" in Gross Domestic Product?
Gross investments = net investments + depreciation
What is the meaning of "gross" in Gross Domestic Product?
Gross investments = net investments + depreciation
https://wn.com/Economics_What_Is_Gross_In_Gdp
What is the meaning of "gross" in Gross Domestic Product?
Gross investments = net investments + depreciation
- published: 07 Feb 2017
- views: 46
Deficits & Debts: Crash Course Economics #9
- Order: Reorder
- Duration: 7:31
- Updated: 23 Sep 2015
- views: 276556
What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more ...
What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ. Deficit and debt are easy to misunderstand, but luckily, they're also pretty easy to understand. This week we'll explain what deficit and debt are, and talk about what the sources of deficit and debt are for the US Government. Also, we'll take a very special trip to Cliffordonia to try and understand these concepts and get a look at what a colonial-era space program might have looked like.
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 , Elliot Beter, Moritz Schmidt, Jeffrey Thompson, Ian Dundore, Jacob Ash, Jessica Wode, Today I Found Out, Christy Huddleston, James Craver, Chris Peters, SR Foxley, Steve Marshall, Simun Niclasen, Eric Kitchen, Robert Kunz, Avi Yashchin, Jason A Saslow, Jan Schmid, Daniel Baulig, Christian , Anna-Ester Volozh
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
https://wn.com/Deficits_Debts_Crash_Course_Economics_9
What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ. Deficit and debt are easy to misunderstand, but luckily, they're also pretty easy to understand. This week we'll explain what deficit and debt are, and talk about what the sources of deficit and debt are for the US Government. Also, we'll take a very special trip to Cliffordonia to try and understand these concepts and get a look at what a colonial-era space program might have looked like.
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 , Elliot Beter, Moritz Schmidt, Jeffrey Thompson, Ian Dundore, Jacob Ash, Jessica Wode, Today I Found Out, Christy Huddleston, James Craver, Chris Peters, SR Foxley, Steve Marshall, Simun Niclasen, Eric Kitchen, Robert Kunz, Avi Yashchin, Jason A Saslow, Jan Schmid, Daniel Baulig, Christian , Anna-Ester Volozh
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
- published: 23 Sep 2015
- views: 276556
Circular Flow of Income. How the different components of an economy interact.
- Order: Reorder
- Duration: 5:11
- Updated: 22 Nov 2014
- views: 35199
Transcript:
1 In macroeconomics, we study the economy of one country.
2 Then try to understand how 2 countries interact and trade.
3 And hopefully, understand...
Transcript:
1 In macroeconomics, we study the economy of one country.
2 Then try to understand how 2 countries interact and trade.
3 And hopefully, understand the global economy.
4 So today, we are going to study the circular flow of income.
5 Let’s make things really simple.
5 Imagine we are alone on an isolated island. There’s no government, no trade, no savings.
I told you, it's simple!
6 There’s only firms and households. (2-sector economy: firms + households (closed economy))
7 Firms provide households with goods and services.
7 Out of thin air?
7 Nah..
8 Firms gotta get factors of production from households.
8 It can be labor, land, capital or…
8 Face it. Some of us in households are going to be entrepreneurs. (For more information on factors of production: check out this video)
8 So…entrepreneurship.
9 For free? You wish!
9 We don’t get freebies from firms.
9 We don’t provide labor for free either.
10 So there’s money flowing in the opposite direction.
11 Households gotta pay firms for the goods they get.
12 Firms also gotta pay households in the form of wages, rents, interests or profits.
12 But this is a little weird.
12 We don’t spend everything we earn in real life.
13 So let’s add savings.
13 Savings is money we don’t spend.
13 So there’s money flowing out.
14 Hey, savings don’t just sit in banks…
14 Banks invest in firms by lending to them.
14 Cos firms need money to buy capital equipment or cover other costs of production.
14 So there's investments flowing into the economy.
14 Bravo! Awesome!
14 But this is a little too simplified.
15 Let’s add government. (3 sector economy: firms + households + government)
15 Government buys stuff as well.
15 So there’s money flowing in.
16 Government gets money from taxes.
16 Taxes. So there’s money flowing out.
16 Cos for the money we’re paying as taxes, we cannoyt spend it.
17 Lastly, countries interact with one another.
17 Imagine this is an American economy.
18 Let’s add trade. (4 sector economy: firms + households + government + foreign sector)
18 America imports stuff.
18 For example, America can import shoes from China.
18 Shoes flow from China into America.
19 And money spent on imports flows out of America into China.
19 America exports too.
19 America can produce software
19 and export it to foreigners,
20 Money then flows from foreign countries into America.
20 This is America's export earnings.
21 Investments, Government Spending and Export earnings are called Injections.
21 Cos money is flowing in.
22 Savings, taxes and import spending are called leakages or withdrawals.
22 Cos money leaks out of the system.
And hey, injections and leakages are sort of related.
Investments come from savings.
Government spending comes from taxes.
America makes money from foreigners by exporting.
But foreigners also make money from America when America imports.
Wow…no wonder it's Circular Flow of Income
It tells us roughly how an economy functions.
23 How do we measure the size of an economy then?
24 By measuring Gross Domestic Product or GDP.
24 GDP is the total value of all final goods and services produced within the borders of a country during a given period.
25 Why must it be FINAL goods and services?
(Hint: it's in the next video)
26 If you like this video, remember to like and subscribe.
27 Next up: Measuring GDP: Output Approach
_______________________________________________
How does an economy function? Look at the Circular Flow of Income.
Who are the major players in an economy? In order of increasing complexity, there are:
2-sector economy: households + firms
3-sector economy: households + firms + government
4-sector economy: households + firms + government + foreign sector
There are real goods and services flowing in one direction in the circular flow of income and money flowing in the opposite direction. When money flowing to the country, it's called injections. When money flows out, it's called withdrawals or leakages.
Injections consist of government spending, investments and exports. Leakages or withdrawals include imports, taxes and savings. Injections and leakages/withdrawals are related to each other. This is because government spending comes from tax revenues and investments, at least the local component, come from savings. That said, investments can flow from foreign countries in the form of foreign direct investments (FDI). Lastly, while money can flow from foreign countries when we export overseas, money also leaks out of the country because we import.
Important definitions:
Gross Domestic Product or GDP is the total value of all final goods and services produced within the borders of a country during a given period.
Use flashcards to remember these definitions in economics:
http://www.memrise.com/course/461808/economics-101/
https://wn.com/Circular_Flow_Of_Income._How_The_Different_Components_Of_An_Economy_Interact.
Transcript:
1 In macroeconomics, we study the economy of one country.
2 Then try to understand how 2 countries interact and trade.
3 And hopefully, understand the global economy.
4 So today, we are going to study the circular flow of income.
5 Let’s make things really simple.
5 Imagine we are alone on an isolated island. There’s no government, no trade, no savings.
I told you, it's simple!
6 There’s only firms and households. (2-sector economy: firms + households (closed economy))
7 Firms provide households with goods and services.
7 Out of thin air?
7 Nah..
8 Firms gotta get factors of production from households.
8 It can be labor, land, capital or…
8 Face it. Some of us in households are going to be entrepreneurs. (For more information on factors of production: check out this video)
8 So…entrepreneurship.
9 For free? You wish!
9 We don’t get freebies from firms.
9 We don’t provide labor for free either.
10 So there’s money flowing in the opposite direction.
11 Households gotta pay firms for the goods they get.
12 Firms also gotta pay households in the form of wages, rents, interests or profits.
12 But this is a little weird.
12 We don’t spend everything we earn in real life.
13 So let’s add savings.
13 Savings is money we don’t spend.
13 So there’s money flowing out.
14 Hey, savings don’t just sit in banks…
14 Banks invest in firms by lending to them.
14 Cos firms need money to buy capital equipment or cover other costs of production.
14 So there's investments flowing into the economy.
14 Bravo! Awesome!
14 But this is a little too simplified.
15 Let’s add government. (3 sector economy: firms + households + government)
15 Government buys stuff as well.
15 So there’s money flowing in.
16 Government gets money from taxes.
16 Taxes. So there’s money flowing out.
16 Cos for the money we’re paying as taxes, we cannoyt spend it.
17 Lastly, countries interact with one another.
17 Imagine this is an American economy.
18 Let’s add trade. (4 sector economy: firms + households + government + foreign sector)
18 America imports stuff.
18 For example, America can import shoes from China.
18 Shoes flow from China into America.
19 And money spent on imports flows out of America into China.
19 America exports too.
19 America can produce software
19 and export it to foreigners,
20 Money then flows from foreign countries into America.
20 This is America's export earnings.
21 Investments, Government Spending and Export earnings are called Injections.
21 Cos money is flowing in.
22 Savings, taxes and import spending are called leakages or withdrawals.
22 Cos money leaks out of the system.
And hey, injections and leakages are sort of related.
Investments come from savings.
Government spending comes from taxes.
America makes money from foreigners by exporting.
But foreigners also make money from America when America imports.
Wow…no wonder it's Circular Flow of Income
It tells us roughly how an economy functions.
23 How do we measure the size of an economy then?
24 By measuring Gross Domestic Product or GDP.
24 GDP is the total value of all final goods and services produced within the borders of a country during a given period.
25 Why must it be FINAL goods and services?
(Hint: it's in the next video)
26 If you like this video, remember to like and subscribe.
27 Next up: Measuring GDP: Output Approach
_______________________________________________
How does an economy function? Look at the Circular Flow of Income.
Who are the major players in an economy? In order of increasing complexity, there are:
2-sector economy: households + firms
3-sector economy: households + firms + government
4-sector economy: households + firms + government + foreign sector
There are real goods and services flowing in one direction in the circular flow of income and money flowing in the opposite direction. When money flowing to the country, it's called injections. When money flows out, it's called withdrawals or leakages.
Injections consist of government spending, investments and exports. Leakages or withdrawals include imports, taxes and savings. Injections and leakages/withdrawals are related to each other. This is because government spending comes from tax revenues and investments, at least the local component, come from savings. That said, investments can flow from foreign countries in the form of foreign direct investments (FDI). Lastly, while money can flow from foreign countries when we export overseas, money also leaks out of the country because we import.
Important definitions:
Gross Domestic Product or GDP is the total value of all final goods and services produced within the borders of a country during a given period.
Use flashcards to remember these definitions in economics:
http://www.memrise.com/course/461808/economics-101/
- published: 22 Nov 2014
- views: 35199
-
What is Gross Domestic Product (GDP)?
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed? The cashier is computing a very important number: gross domestic product, or GDP. GDP is the market value of all finished goods and services, produced within a country in a year. But, what does "market value" mean? And what defines a "finished good"? These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour. In this video, join us as ...
published: 18 Nov 2015 -
Gross Domestic Product – The Economic Lowdown Video Series
GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In the seventh episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living.
published: 07 Oct 2014 -
Gross Investment and Depreciation: Fundamentals of Economics
In this session the concepts of gross investment and depreciation are explained by Ms. Dipika. For more information visit www.doorsteptutor.com or email contactus@doorsteptutor.com
published: 12 Oct 2014 -
Macroeconomics: Crash Course Economics #5
This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you don't have a big picture of the economy, crashes and panics are more likely. Of course, economics is extremely complex and unpredictable. Today we'll talk about GDP as a measure of a country's economic health, the basics of economic analysis, and even a little about full employment, unemployment 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, Jan Schmid, Simun Niclas...
published: 24 Aug 2015 -
Income and Wealth Inequality: Crash Course Economics
Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going to talk about wealth inequality and income inequality. There's no question that economic inequality is real. But there is disagreement as to whether income inequality is a problem, and what can or should be done about it. *** 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...
published: 06 Dec 2015 -
Productivity and Growth: Crash Course Economics #6
Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigate just why some economies are more productive than others, and what happens when an economy is mor productive. We'll look at how things like per capita GDP translate to the lifestyle of normal people. And, there's a mystery. 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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thomp...
published: 28 Aug 2015 -
Disruptive economics | Dan Gross | TEDxWestportLibrary
This talk was given at a local TEDx event, produced independently of the TED Conferences. Rapid and unpredictable economic growth in companies and countries means that we have to be careful about making predictions while remaining flexible, protected and alert to opportunities for personal and corporate economic development. We are living in a time when you have to constantly evaluate where you are and recognize that skills are only good for 6 months to 2 years and constant relearning is essential for success. Journalist and author Daniel Gross is editor of global finance for Daily Beast/Newsweek. He was formerly Senior Editor at Newsweek, and between 2010 and 2012 was employed at Yahoo! Finance. A native of East Lansing, Michigan, Gross graduated from Cornell University and holds an A.M....
published: 20 Nov 2014 -
Economics: What is "gross" in GDP?
What is the meaning of "gross" in Gross Domestic Product? Gross investments = net investments + depreciation
published: 07 Feb 2017 -
Deficits & Debts: Crash Course Economics #9
What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ. Deficit and debt are easy to misunderstand, but luckily, they're also pretty easy to understand. This week we'll explain what deficit and debt are, and talk about what the sources of deficit and debt are for the US Government. Also, we'll take a very special trip to Cliffordonia to try and understand these concepts and get a look at what a colonial-era space program might have looked like. 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 fr...
published: 23 Sep 2015 -
Circular Flow of Income. How the different components of an economy interact.
Transcript: 1 In macroeconomics, we study the economy of one country. 2 Then try to understand how 2 countries interact and trade. 3 And hopefully, understand the global economy. 4 So today, we are going to study the circular flow of income. 5 Let’s make things really simple. 5 Imagine we are alone on an isolated island. There’s no government, no trade, no savings. I told you, it's simple! 6 There’s only firms and households. (2-sector economy: firms + households (closed economy)) 7 Firms provide households with goods and services. 7 Out of thin air? 7 Nah.. 8 Firms gotta get factors of production from households. 8 It can be labor, land, capital or… 8 Face it. Some of us in households are going to be entrepreneurs. (For more information on factors of production: check out this video...
published: 22 Nov 2014
What is Gross Domestic Product (GDP)?
- Order: Reorder
- Duration: 4:36
- Updated: 18 Nov 2015
- views: 94080
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for ea...
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed?
The cashier is computing a very important number: gross domestic product, or GDP.
GDP is the market value of all finished goods and services, produced within a country in a year.
But, what does "market value" mean? And what defines a "finished good"?
These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour.
In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way.
Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?”
Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute.
So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP.
Macroeconomics Course: http://bit.ly/1R1PL5x
Ask a question about the video: http://bit.ly/1p4ZtxL
Next video: http://bit.ly/1mY2bn0
Help us caption & translate this video!
http://amara.org/v/HZv3/
https://wn.com/What_Is_Gross_Domestic_Product_(Gdp)
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed?
The cashier is computing a very important number: gross domestic product, or GDP.
GDP is the market value of all finished goods and services, produced within a country in a year.
But, what does "market value" mean? And what defines a "finished good"?
These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour.
In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way.
Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?”
Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute.
So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP.
Macroeconomics Course: http://bit.ly/1R1PL5x
Ask a question about the video: http://bit.ly/1p4ZtxL
Next video: http://bit.ly/1mY2bn0
Help us caption & translate this video!
http://amara.org/v/HZv3/
- published: 18 Nov 2015
- views: 94080
Gross Domestic Product – The Economic Lowdown Video Series
- Order: Reorder
- Duration: 7:52
- Updated: 07 Oct 2014
- views: 67952
GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex t...
GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In the seventh episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living.
https://wn.com/Gross_Domestic_Product_–_The_Economic_Lowdown_Video_Series
GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In the seventh episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living.
- published: 07 Oct 2014
- views: 67952
Gross Investment and Depreciation: Fundamentals of Economics
- Order: Reorder
- Duration: 7:52
- Updated: 12 Oct 2014
- views: 3711
In this session the concepts of gross investment and depreciation are explained by Ms. Dipika. For more information visit www.doorsteptutor.com or email contact...
In this session the concepts of gross investment and depreciation are explained by Ms. Dipika. For more information visit www.doorsteptutor.com or email contactus@doorsteptutor.com
https://wn.com/Gross_Investment_And_Depreciation_Fundamentals_Of_Economics
In this session the concepts of gross investment and depreciation are explained by Ms. Dipika. For more information visit www.doorsteptutor.com or email contactus@doorsteptutor.com
- published: 12 Oct 2014
- views: 3711
Macroeconomics: Crash Course Economics #5
- Order: Reorder
- Duration: 13:43
- Updated: 24 Aug 2015
- views: 478455
This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and mon...
This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you don't have a big picture of the economy, crashes and panics are more likely. Of course, economics is extremely complex and unpredictable. Today we'll talk about GDP as a measure of a country's economic health, the basics of economic analysis, and even a little about full employment, unemployment
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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters
--
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
https://wn.com/Macroeconomics_Crash_Course_Economics_5
This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you don't have a big picture of the economy, crashes and panics are more likely. Of course, economics is extremely complex and unpredictable. Today we'll talk about GDP as a measure of a country's economic health, the basics of economic analysis, and even a little about full employment, unemployment
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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters
--
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
- published: 24 Aug 2015
- views: 478455
Income and Wealth Inequality: Crash Course Economics
- Order: Reorder
- Duration: 10:16
- Updated: 06 Dec 2015
- views: 558278
Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going to ...
Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going to talk about wealth inequality and income inequality. There's no question that economic inequality is real. But there is disagreement as to whether income inequality is a problem, and what can or should be done about it.
***
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
https://wn.com/Income_And_Wealth_Inequality_Crash_Course_Economics
Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going to talk about wealth inequality and income inequality. There's no question that economic inequality is real. But there is disagreement as to whether income inequality is a problem, and what can or should be done about it.
***
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
- published: 06 Dec 2015
- views: 558278
Productivity and Growth: Crash Course Economics #6
- Order: Reorder
- Duration: 8:51
- Updated: 28 Aug 2015
- views: 360077
Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigat...
Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigate just why some economies are more productive than others, and what happens when an economy is mor productive. We'll look at how things like per capita GDP translate to the lifestyle of normal people. And, there's a mystery.
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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters
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
https://wn.com/Productivity_And_Growth_Crash_Course_Economics_6
Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigate just why some economies are more productive than others, and what happens when an economy is mor productive. We'll look at how things like per capita GDP translate to the lifestyle of normal people. And, there's a mystery.
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, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters
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
- published: 28 Aug 2015
- views: 360077
Disruptive economics | Dan Gross | TEDxWestportLibrary
- Order: Reorder
- Duration: 23:53
- Updated: 20 Nov 2014
- views: 168
This talk was given at a local TEDx event, produced independently of the TED Conferences. Rapid and unpredictable economic growth in companies and countries mea...
This talk was given at a local TEDx event, produced independently of the TED Conferences. Rapid and unpredictable economic growth in companies and countries means that we have to be careful about making predictions while remaining flexible, protected and alert to opportunities for personal and corporate economic development. We are living in a time when you have to constantly evaluate where you are and recognize that skills are only good for 6 months to 2 years and constant relearning is essential for success.
Journalist and author Daniel Gross is editor of global finance for Daily Beast/Newsweek. He was formerly Senior Editor at Newsweek, and between 2010 and 2012 was employed at Yahoo! Finance. A native of East Lansing, Michigan, Gross graduated from Cornell University and holds an A.M. in American history from Harvard University.
About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
https://wn.com/Disruptive_Economics_|_Dan_Gross_|_Tedxwestportlibrary
This talk was given at a local TEDx event, produced independently of the TED Conferences. Rapid and unpredictable economic growth in companies and countries means that we have to be careful about making predictions while remaining flexible, protected and alert to opportunities for personal and corporate economic development. We are living in a time when you have to constantly evaluate where you are and recognize that skills are only good for 6 months to 2 years and constant relearning is essential for success.
Journalist and author Daniel Gross is editor of global finance for Daily Beast/Newsweek. He was formerly Senior Editor at Newsweek, and between 2010 and 2012 was employed at Yahoo! Finance. A native of East Lansing, Michigan, Gross graduated from Cornell University and holds an A.M. in American history from Harvard University.
About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
- published: 20 Nov 2014
- views: 168
Economics: What is "gross" in GDP?
- Order: Reorder
- Duration: 2:58
- Updated: 07 Feb 2017
- views: 46
What is the meaning of "gross" in Gross Domestic Product?
Gross investments = net investments + depreciation
What is the meaning of "gross" in Gross Domestic Product?
Gross investments = net investments + depreciation
https://wn.com/Economics_What_Is_Gross_In_Gdp
What is the meaning of "gross" in Gross Domestic Product?
Gross investments = net investments + depreciation
- published: 07 Feb 2017
- views: 46
Deficits & Debts: Crash Course Economics #9
- Order: Reorder
- Duration: 7:31
- Updated: 23 Sep 2015
- views: 276556
What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more ...
What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ. Deficit and debt are easy to misunderstand, but luckily, they're also pretty easy to understand. This week we'll explain what deficit and debt are, and talk about what the sources of deficit and debt are for the US Government. Also, we'll take a very special trip to Cliffordonia to try and understand these concepts and get a look at what a colonial-era space program might have looked like.
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 , Elliot Beter, Moritz Schmidt, Jeffrey Thompson, Ian Dundore, Jacob Ash, Jessica Wode, Today I Found Out, Christy Huddleston, James Craver, Chris Peters, SR Foxley, Steve Marshall, Simun Niclasen, Eric Kitchen, Robert Kunz, Avi Yashchin, Jason A Saslow, Jan Schmid, Daniel Baulig, Christian , Anna-Ester Volozh
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
https://wn.com/Deficits_Debts_Crash_Course_Economics_9
What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ. Deficit and debt are easy to misunderstand, but luckily, they're also pretty easy to understand. This week we'll explain what deficit and debt are, and talk about what the sources of deficit and debt are for the US Government. Also, we'll take a very special trip to Cliffordonia to try and understand these concepts and get a look at what a colonial-era space program might have looked like.
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 , Elliot Beter, Moritz Schmidt, Jeffrey Thompson, Ian Dundore, Jacob Ash, Jessica Wode, Today I Found Out, Christy Huddleston, James Craver, Chris Peters, SR Foxley, Steve Marshall, Simun Niclasen, Eric Kitchen, Robert Kunz, Avi Yashchin, Jason A Saslow, Jan Schmid, Daniel Baulig, Christian , Anna-Ester Volozh
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
- published: 23 Sep 2015
- views: 276556
Circular Flow of Income. How the different components of an economy interact.
- Order: Reorder
- Duration: 5:11
- Updated: 22 Nov 2014
- views: 35199
Transcript:
1 In macroeconomics, we study the economy of one country.
2 Then try to understand how 2 countries interact and trade.
3 And hopefully, understand...
Transcript:
1 In macroeconomics, we study the economy of one country.
2 Then try to understand how 2 countries interact and trade.
3 And hopefully, understand the global economy.
4 So today, we are going to study the circular flow of income.
5 Let’s make things really simple.
5 Imagine we are alone on an isolated island. There’s no government, no trade, no savings.
I told you, it's simple!
6 There’s only firms and households. (2-sector economy: firms + households (closed economy))
7 Firms provide households with goods and services.
7 Out of thin air?
7 Nah..
8 Firms gotta get factors of production from households.
8 It can be labor, land, capital or…
8 Face it. Some of us in households are going to be entrepreneurs. (For more information on factors of production: check out this video)
8 So…entrepreneurship.
9 For free? You wish!
9 We don’t get freebies from firms.
9 We don’t provide labor for free either.
10 So there’s money flowing in the opposite direction.
11 Households gotta pay firms for the goods they get.
12 Firms also gotta pay households in the form of wages, rents, interests or profits.
12 But this is a little weird.
12 We don’t spend everything we earn in real life.
13 So let’s add savings.
13 Savings is money we don’t spend.
13 So there’s money flowing out.
14 Hey, savings don’t just sit in banks…
14 Banks invest in firms by lending to them.
14 Cos firms need money to buy capital equipment or cover other costs of production.
14 So there's investments flowing into the economy.
14 Bravo! Awesome!
14 But this is a little too simplified.
15 Let’s add government. (3 sector economy: firms + households + government)
15 Government buys stuff as well.
15 So there’s money flowing in.
16 Government gets money from taxes.
16 Taxes. So there’s money flowing out.
16 Cos for the money we’re paying as taxes, we cannoyt spend it.
17 Lastly, countries interact with one another.
17 Imagine this is an American economy.
18 Let’s add trade. (4 sector economy: firms + households + government + foreign sector)
18 America imports stuff.
18 For example, America can import shoes from China.
18 Shoes flow from China into America.
19 And money spent on imports flows out of America into China.
19 America exports too.
19 America can produce software
19 and export it to foreigners,
20 Money then flows from foreign countries into America.
20 This is America's export earnings.
21 Investments, Government Spending and Export earnings are called Injections.
21 Cos money is flowing in.
22 Savings, taxes and import spending are called leakages or withdrawals.
22 Cos money leaks out of the system.
And hey, injections and leakages are sort of related.
Investments come from savings.
Government spending comes from taxes.
America makes money from foreigners by exporting.
But foreigners also make money from America when America imports.
Wow…no wonder it's Circular Flow of Income
It tells us roughly how an economy functions.
23 How do we measure the size of an economy then?
24 By measuring Gross Domestic Product or GDP.
24 GDP is the total value of all final goods and services produced within the borders of a country during a given period.
25 Why must it be FINAL goods and services?
(Hint: it's in the next video)
26 If you like this video, remember to like and subscribe.
27 Next up: Measuring GDP: Output Approach
_______________________________________________
How does an economy function? Look at the Circular Flow of Income.
Who are the major players in an economy? In order of increasing complexity, there are:
2-sector economy: households + firms
3-sector economy: households + firms + government
4-sector economy: households + firms + government + foreign sector
There are real goods and services flowing in one direction in the circular flow of income and money flowing in the opposite direction. When money flowing to the country, it's called injections. When money flows out, it's called withdrawals or leakages.
Injections consist of government spending, investments and exports. Leakages or withdrawals include imports, taxes and savings. Injections and leakages/withdrawals are related to each other. This is because government spending comes from tax revenues and investments, at least the local component, come from savings. That said, investments can flow from foreign countries in the form of foreign direct investments (FDI). Lastly, while money can flow from foreign countries when we export overseas, money also leaks out of the country because we import.
Important definitions:
Gross Domestic Product or GDP is the total value of all final goods and services produced within the borders of a country during a given period.
Use flashcards to remember these definitions in economics:
http://www.memrise.com/course/461808/economics-101/
https://wn.com/Circular_Flow_Of_Income._How_The_Different_Components_Of_An_Economy_Interact.
Transcript:
1 In macroeconomics, we study the economy of one country.
2 Then try to understand how 2 countries interact and trade.
3 And hopefully, understand the global economy.
4 So today, we are going to study the circular flow of income.
5 Let’s make things really simple.
5 Imagine we are alone on an isolated island. There’s no government, no trade, no savings.
I told you, it's simple!
6 There’s only firms and households. (2-sector economy: firms + households (closed economy))
7 Firms provide households with goods and services.
7 Out of thin air?
7 Nah..
8 Firms gotta get factors of production from households.
8 It can be labor, land, capital or…
8 Face it. Some of us in households are going to be entrepreneurs. (For more information on factors of production: check out this video)
8 So…entrepreneurship.
9 For free? You wish!
9 We don’t get freebies from firms.
9 We don’t provide labor for free either.
10 So there’s money flowing in the opposite direction.
11 Households gotta pay firms for the goods they get.
12 Firms also gotta pay households in the form of wages, rents, interests or profits.
12 But this is a little weird.
12 We don’t spend everything we earn in real life.
13 So let’s add savings.
13 Savings is money we don’t spend.
13 So there’s money flowing out.
14 Hey, savings don’t just sit in banks…
14 Banks invest in firms by lending to them.
14 Cos firms need money to buy capital equipment or cover other costs of production.
14 So there's investments flowing into the economy.
14 Bravo! Awesome!
14 But this is a little too simplified.
15 Let’s add government. (3 sector economy: firms + households + government)
15 Government buys stuff as well.
15 So there’s money flowing in.
16 Government gets money from taxes.
16 Taxes. So there’s money flowing out.
16 Cos for the money we’re paying as taxes, we cannoyt spend it.
17 Lastly, countries interact with one another.
17 Imagine this is an American economy.
18 Let’s add trade. (4 sector economy: firms + households + government + foreign sector)
18 America imports stuff.
18 For example, America can import shoes from China.
18 Shoes flow from China into America.
19 And money spent on imports flows out of America into China.
19 America exports too.
19 America can produce software
19 and export it to foreigners,
20 Money then flows from foreign countries into America.
20 This is America's export earnings.
21 Investments, Government Spending and Export earnings are called Injections.
21 Cos money is flowing in.
22 Savings, taxes and import spending are called leakages or withdrawals.
22 Cos money leaks out of the system.
And hey, injections and leakages are sort of related.
Investments come from savings.
Government spending comes from taxes.
America makes money from foreigners by exporting.
But foreigners also make money from America when America imports.
Wow…no wonder it's Circular Flow of Income
It tells us roughly how an economy functions.
23 How do we measure the size of an economy then?
24 By measuring Gross Domestic Product or GDP.
24 GDP is the total value of all final goods and services produced within the borders of a country during a given period.
25 Why must it be FINAL goods and services?
(Hint: it's in the next video)
26 If you like this video, remember to like and subscribe.
27 Next up: Measuring GDP: Output Approach
_______________________________________________
How does an economy function? Look at the Circular Flow of Income.
Who are the major players in an economy? In order of increasing complexity, there are:
2-sector economy: households + firms
3-sector economy: households + firms + government
4-sector economy: households + firms + government + foreign sector
There are real goods and services flowing in one direction in the circular flow of income and money flowing in the opposite direction. When money flowing to the country, it's called injections. When money flows out, it's called withdrawals or leakages.
Injections consist of government spending, investments and exports. Leakages or withdrawals include imports, taxes and savings. Injections and leakages/withdrawals are related to each other. This is because government spending comes from tax revenues and investments, at least the local component, come from savings. That said, investments can flow from foreign countries in the form of foreign direct investments (FDI). Lastly, while money can flow from foreign countries when we export overseas, money also leaks out of the country because we import.
Important definitions:
Gross Domestic Product or GDP is the total value of all final goods and services produced within the borders of a country during a given period.
Use flashcards to remember these definitions in economics:
http://www.memrise.com/course/461808/economics-101/
- published: 22 Nov 2014
- views: 35199
-
Idi Amin Biography Documentary
Idi Amin Dada (c. 1925 -- 16 August 2003) was the third president of Uganda, from 1971 to 1979. Amin joined the British colonial regiment, the King's African Rifles in 1946, serving in Somalia, Kenya and Uganda. Eventually, Amin held the rank of major general in the post-colonial Ugandan Army and became its commander before seizing power in the military coup of January 1971, deposing Milton Obote. He later promoted himself to field marshal while he was the head of state. Amin's rule was characterised by human rights abuse, political repression, ethnic persecution, extrajudicial killings, nepotism, corruption, and gross economic mismanagement. The number of people killed as a result of his regime is estimated by international observers and human rights groups to range from 100,000[1] to 50...
published: 30 Apr 2014 -
जब भारत था सबसे बडे आर्थिक संकट में | India In 1990s
जब भारत था सबसे बडे आर्थिक संकट में | India In 1990s The crisis was caused by currency devaluation; the current account deficit, and investor confidence played significant role in the sharp exchange rate depreciation. The economic crisis was primarily due to the large and growing fiscal imbalances over the 1980s. During the mid-eighties, India started having balance of payments problems. Precipitated by the Gulf War, India’s oil import bill swelled, exports slumped, credit dried up, and investors took their money out.[6] Large fiscal deficits, over time, had a spillover effect on the trade deficit culminating in an external payments crisis. By the end of 1990, India was in serious economic trouble. The gross fiscal deficit of the government (centre and states) rose from 9.0 percent ...
published: 22 Apr 2017 -
L5/P1: GDP Calculation Methods, CSO Base-revision, Economic Survey Data
Language: Hindi, Topics Covered: 1. definition and formulas of Gross Domestic Product (GDP), GNP, NNP, net national income and net disposable income 2. Three methods of calculating GDP: income method, expenditure method and production or gross value added (GVA) method. 3. Modification done by CSO (Central statistical Organisation) in the calculation of GDP and its base year 4. Criticism against the new CSO method for calculating GDP. 5. Sectoral growth rate data from economic survey, ascending descending orders for MCQs. Powerpoint available at http://Mrunal.org/download Exam-Utility: UPSC CSAT, Prelims, Mains, CDS, CAPF, Bank, RBI, IBPS, SSC and other competitive exams, IIM, XLRI, MBA interviews and GDPI Venue: Sardar Patel Institute of Public Administration (SPIPA), Satellite, Ahmedaba...
published: 14 Mar 2015 -
Global Elite Jubilee Plans at Bilderberg Will Drive Bitcoin and Precious Metals Higher
Jeff is interviewed by Jay Taylor for Jay Taylor Media. Topics include: a sudden price rise for Bitcoin, a billion dollar invested in Bitcoin businesses in 2015, growing wealth in China coupled with capital controls are fueling the Bitcoin price, the internet is allowing freedom, centralized power is starting to lose control and Bitcoin can help that process, there is no risk that they can take over or end Bitcoin, worldwide taxation schemes, FATCA to drive Bitcoin adoption, Panama Papers a CIA op, debt jubilee, Japan to go through bankruptcy, the collapse of the Eurozone, US dollar collapse, Bitcoin to flourish along with gold and silver, gold is God's money, Bitgold and Goldmoney, one world government, the US to follow Venezuela, television brainwashing, Jeff's visit to the Bilderberg m...
published: 13 Jun 2016 -
Great Decisions 2017, Prof. John Troxell on Trade and Politics
The U.S. political mood toward trade has gone sour. Trade means that China wins, at America’s expense. Has the metrics used to gauge economic strength—Gross Domestic Product and balance of trade— kept up with modern manufacturing.
published: 27 Feb 2017 -
National geographic Documentary || China's military Superpower Military || BBC Documentary
The People's Republic of China receives continual coverage in the popular press of its emerging superpower status,[14][15] and has been identified as a rising or emerging economic growth and military superpower by academics and other experts. In fact, the "rise of China" has been named the top news story of the 21st century by the Global Language Monitor, as measured by number of appearances in the global print and electronic media, on the Internet and blogosphere, and in social media.[16][17][18][19][20] The term "Second Superpower" has been applied by scholars to the possibility that the People's Republic of China could emerge with global power and influence on par with the United States.[21] The potential for the two countries to form stronger relations to address global issues is somet...
published: 22 Apr 2016 -
Chinese Economy, Prof John Troxell
The U.S. political mood toward trade has gone sour. Trade means that China wins, at America’s expense. Has the metrics used to gauge economic strength—Gross Domestic Product and balance of trade— kept up with modern manufacturing.
published: 13 Jun 2017 -
Bill Gross No ‘bull market’ under Trump and Economic Collapse
Economist Channel : Bill Gross No 'bull market' under Trump Economic collapse and financial cr is rising any moment. Getting informed about collapse and cr may earn you, or prevent to lose money. Do you want to. This video is selected and uploaded by Gazunda Services Ltd. It is not our property. Stock Market Crash warnings 2016 - 2017 From the experts, politicians and hedge fund managers Donald Trump Bill Gross George Soros Stanley Druckenmiller .
published: 18 Nov 2016 -
The Great Minarchist/Anarchist Debate - Jeff Berwick on The Richie Allen Show
Jeff is interviewed by Richie Allen on the Richie Allen show, topics include: the upcoming Anarchapulco conference in Acapulco, Mexico 19-21st Feb, debt slavery, wealth inequality and central banking, state of the nation lies, government cannot create jobs, gross interference in the markets, free market vs the environment & natural rights, great prosperity without government, the coming economic collapse, bank bail-ins, getting prepared, Bitcoin, Gold and Silver, the war on cash, any reduction in state power is a win. The Richie Allen Show on David Icke's website: http://www.davidicke.com/richie-allen-audio-cast/ The Richie Allen Show on YouTube: https://www.youtube.com/channel/UCScsqqZi411nqVod1Uay0KQ Free copy of 'The Market for Liberty' courtesy of the Mises Institute: https://mises...
published: 01 Feb 2016 -
Full length Documentary - Idi Amin Biography
Full length Documentary Idi Amin Biography https://youtu.be/uq5tE60u52w Idi Amin Dada (/ˈiːdi ɑːˈmiːn/; c. 1923–28 – 16 August 2003) was the third President of Uganda, ruling from 1971 to 1979. Amin joined the British colonial regiment the King's African Rifles in 1946, serving in Kenya and Uganda. Eventually, Amin held the rank of major general in the post-colonial Ugandan Army, and became its commander before seizing power in the military coup of January 1971, deposing Milton Obote. He later promoted himself to field marshal while he was the head of state. Amin's rule was characterized by human rights abuses, political repression, ethnic persecution, extrajudicial killings, nepotism, corruption, and gross economic mismanagement. The number of people killed as a result of his regime is ...
published: 19 Nov 2016
Idi Amin Biography Documentary
- Order: Reorder
- Duration: 1:34:53
- Updated: 30 Apr 2014
- views: 355022
Idi Amin Dada (c. 1925 -- 16 August 2003) was the third president of Uganda, from 1971 to 1979. Amin joined the British colonial regiment, the King's African Ri...
Idi Amin Dada (c. 1925 -- 16 August 2003) was the third president of Uganda, from 1971 to 1979. Amin joined the British colonial regiment, the King's African Rifles in 1946, serving in Somalia, Kenya and Uganda. Eventually, Amin held the rank of major general in the post-colonial Ugandan Army and became its commander before seizing power in the military coup of January 1971, deposing Milton Obote. He later promoted himself to field marshal while he was the head of state.
Amin's rule was characterised by human rights abuse, political repression, ethnic persecution, extrajudicial killings, nepotism, corruption, and gross economic mismanagement. The number of people killed as a result of his regime is estimated by international observers and human rights groups to range from 100,000[1] to 500,000.[2]
During his years in power, Amin shifted in allegiance from being a pro-Western ruler enjoying considerable Israeli support to being backed by Libya's Muammar Gaddafi, the Soviet Union, and East Germany.[3][4][5] In 1975, Amin became the chairman of the Organisation of African Unity (OAU), a Pan-Africanist group designed to promote solidarity of the African states.[6] During the 1977--1979 period, Uganda was a member of the United Nations Commission on Human Rights.[7] In 1977, when Britain broke diplomatic relations with Uganda, Amin declared he had defeated the British and added "CBE", for "Conqueror of the British Empire", to his title. Radio Uganda then announced his entire title: "his Excellency President for Life, Field Marshal Alhaji Dr. Idi Amin Dada, VC, DSO, MC, CBE".[2]
Dissent within Uganda and Amin's attempt to annex the Kagera province of Tanzania in 1978 led to the Uganda--Tanzania War and the demise of his eight-year regime, leading Amin to flee into exile to Libya and Saudi Arabia, where he lived until his death on 16 August 2003.
https://wn.com/Idi_Amin_Biography_Documentary
Idi Amin Dada (c. 1925 -- 16 August 2003) was the third president of Uganda, from 1971 to 1979. Amin joined the British colonial regiment, the King's African Rifles in 1946, serving in Somalia, Kenya and Uganda. Eventually, Amin held the rank of major general in the post-colonial Ugandan Army and became its commander before seizing power in the military coup of January 1971, deposing Milton Obote. He later promoted himself to field marshal while he was the head of state.
Amin's rule was characterised by human rights abuse, political repression, ethnic persecution, extrajudicial killings, nepotism, corruption, and gross economic mismanagement. The number of people killed as a result of his regime is estimated by international observers and human rights groups to range from 100,000[1] to 500,000.[2]
During his years in power, Amin shifted in allegiance from being a pro-Western ruler enjoying considerable Israeli support to being backed by Libya's Muammar Gaddafi, the Soviet Union, and East Germany.[3][4][5] In 1975, Amin became the chairman of the Organisation of African Unity (OAU), a Pan-Africanist group designed to promote solidarity of the African states.[6] During the 1977--1979 period, Uganda was a member of the United Nations Commission on Human Rights.[7] In 1977, when Britain broke diplomatic relations with Uganda, Amin declared he had defeated the British and added "CBE", for "Conqueror of the British Empire", to his title. Radio Uganda then announced his entire title: "his Excellency President for Life, Field Marshal Alhaji Dr. Idi Amin Dada, VC, DSO, MC, CBE".[2]
Dissent within Uganda and Amin's attempt to annex the Kagera province of Tanzania in 1978 led to the Uganda--Tanzania War and the demise of his eight-year regime, leading Amin to flee into exile to Libya and Saudi Arabia, where he lived until his death on 16 August 2003.
- published: 30 Apr 2014
- views: 355022
जब भारत था सबसे बडे आर्थिक संकट में | India In 1990s
- Order: Reorder
- Duration: 40:19
- Updated: 22 Apr 2017
- views: 26118
जब भारत था सबसे बडे आर्थिक संकट में | India In 1990s
The crisis was caused by currency devaluation; the current account deficit, and investor confidence pl...
जब भारत था सबसे बडे आर्थिक संकट में | India In 1990s
The crisis was caused by currency devaluation; the current account deficit, and investor confidence played significant role in the sharp exchange rate depreciation.
The economic crisis was primarily due to the large and growing fiscal imbalances over the 1980s. During the mid-eighties, India started having balance of payments problems. Precipitated by the Gulf War, India’s oil import bill swelled, exports slumped, credit dried up, and investors took their money out.[6] Large fiscal deficits, over time, had a spillover effect on the trade deficit culminating in an external payments crisis. By the end of 1990, India was in serious economic trouble.
The gross fiscal deficit of the government (centre and states) rose from 9.0 percent of GDP in 1980-81 to 10.4 percent in 1985-86 and to 12.7 percent in 1990-91. For the centre alone, the gross fiscal deficit rose from 6.1 percent of GDP in 1980-81 to 8.3 percent in 1985-86 and to 8.4 percent in 1990-91. Since these deficits had to be met by borrowings, the internal debt of the government accumulated rapidly, rising from 35 percent of GDP at the end of 1980-81 to 53 percent of GDP at the end of 1990-91. The foreign exchange reserves had dried up to the point that India could barely finance three weeks worth of imports.
In mid-1991, India's exchange rate was subjected to a severe adjustment. This event began with a slide in the value of the Indian rupee leading up to mid-1991. The authorities at the Reserve Bank of India took partial action, defending the currency by expending international reserves and slowing the decline in value. However, in mid-1991, with foreign reserves nearly depleted, the Indian government permitted a sharp depreciation that took place in two steps within three days (1 July and 3 July 1991) against major currencies.
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https://wn.com/जब_भारत_था_सबसे_बडे_आर्थिक_संकट_में_|_India_In_1990S
जब भारत था सबसे बडे आर्थिक संकट में | India In 1990s
The crisis was caused by currency devaluation; the current account deficit, and investor confidence played significant role in the sharp exchange rate depreciation.
The economic crisis was primarily due to the large and growing fiscal imbalances over the 1980s. During the mid-eighties, India started having balance of payments problems. Precipitated by the Gulf War, India’s oil import bill swelled, exports slumped, credit dried up, and investors took their money out.[6] Large fiscal deficits, over time, had a spillover effect on the trade deficit culminating in an external payments crisis. By the end of 1990, India was in serious economic trouble.
The gross fiscal deficit of the government (centre and states) rose from 9.0 percent of GDP in 1980-81 to 10.4 percent in 1985-86 and to 12.7 percent in 1990-91. For the centre alone, the gross fiscal deficit rose from 6.1 percent of GDP in 1980-81 to 8.3 percent in 1985-86 and to 8.4 percent in 1990-91. Since these deficits had to be met by borrowings, the internal debt of the government accumulated rapidly, rising from 35 percent of GDP at the end of 1980-81 to 53 percent of GDP at the end of 1990-91. The foreign exchange reserves had dried up to the point that India could barely finance three weeks worth of imports.
In mid-1991, India's exchange rate was subjected to a severe adjustment. This event began with a slide in the value of the Indian rupee leading up to mid-1991. The authorities at the Reserve Bank of India took partial action, defending the currency by expending international reserves and slowing the decline in value. However, in mid-1991, with foreign reserves nearly depleted, the Indian government permitted a sharp depreciation that took place in two steps within three days (1 July and 3 July 1991) against major currencies.
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- published: 22 Apr 2017
- views: 26118
L5/P1: GDP Calculation Methods, CSO Base-revision, Economic Survey Data
- Order: Reorder
- Duration: 58:48
- Updated: 14 Mar 2015
- views: 101778
Language: Hindi, Topics Covered:
1. definition and formulas of Gross Domestic Product (GDP), GNP, NNP, net national income and net disposable income
2. Three me...
Language: Hindi, Topics Covered:
1. definition and formulas of Gross Domestic Product (GDP), GNP, NNP, net national income and net disposable income
2. Three methods of calculating GDP: income method, expenditure method and production or gross value added (GVA) method.
3. Modification done by CSO (Central statistical Organisation) in the calculation of GDP and its base year
4. Criticism against the new CSO method for calculating GDP.
5. Sectoral growth rate data from economic survey, ascending descending orders for MCQs.
Powerpoint available at http://Mrunal.org/download
Exam-Utility: UPSC CSAT, Prelims, Mains, CDS, CAPF, Bank, RBI, IBPS, SSC and other competitive exams, IIM, XLRI, MBA interviews and GDPI
Venue: Sardar Patel Institute of Public Administration (SPIPA), Satellite, Ahmedabad, Gujarat,India
https://wn.com/L5_P1_Gdp_Calculation_Methods,_Cso_Base_Revision,_Economic_Survey_Data
Language: Hindi, Topics Covered:
1. definition and formulas of Gross Domestic Product (GDP), GNP, NNP, net national income and net disposable income
2. Three methods of calculating GDP: income method, expenditure method and production or gross value added (GVA) method.
3. Modification done by CSO (Central statistical Organisation) in the calculation of GDP and its base year
4. Criticism against the new CSO method for calculating GDP.
5. Sectoral growth rate data from economic survey, ascending descending orders for MCQs.
Powerpoint available at http://Mrunal.org/download
Exam-Utility: UPSC CSAT, Prelims, Mains, CDS, CAPF, Bank, RBI, IBPS, SSC and other competitive exams, IIM, XLRI, MBA interviews and GDPI
Venue: Sardar Patel Institute of Public Administration (SPIPA), Satellite, Ahmedabad, Gujarat,India
- published: 14 Mar 2015
- views: 101778
Global Elite Jubilee Plans at Bilderberg Will Drive Bitcoin and Precious Metals Higher
- Order: Reorder
- Duration: 36:00
- Updated: 13 Jun 2016
- views: 30512
Jeff is interviewed by Jay Taylor for Jay Taylor Media. Topics include: a sudden price rise for Bitcoin, a billion dollar invested in Bitcoin businesses in 2015...
Jeff is interviewed by Jay Taylor for Jay Taylor Media. Topics include: a sudden price rise for Bitcoin, a billion dollar invested in Bitcoin businesses in 2015, growing wealth in China coupled with capital controls are fueling the Bitcoin price, the internet is allowing freedom, centralized power is starting to lose control and Bitcoin can help that process, there is no risk that they can take over or end Bitcoin, worldwide taxation schemes, FATCA to drive Bitcoin adoption, Panama Papers a CIA op, debt jubilee, Japan to go through bankruptcy, the collapse of the Eurozone, US dollar collapse, Bitcoin to flourish along with gold and silver, gold is God's money, Bitgold and Goldmoney, one world government, the US to follow Venezuela, television brainwashing, Jeff's visit to the Bilderberg meeting in Germany
The Jay Taylor's website: http://jaytaylormedia.com/
TDV article on Bill Gross: https://www.dollarvigilante.com/blog/2016/05/28/billionaire-gross-jubilee-debt-relief-prelude-new-global-economic-order.html
Subscribe to The Dollar Vigilante: http://dollarvigilante.com/subscribe
The Dollar Vigilante on Facebook: https://www.facebook.com/DollarVigilante/?fref=ts
Anarchast: http://anarchast.com
To learn more on the Perpetual Traveler/Prior Taxpayer (PT) theory, you can see an hour long presentation on it as well as more than a dozen other related presentations here: http://vimeo.com/ondemand/tdv
https://wn.com/Global_Elite_Jubilee_Plans_At_Bilderberg_Will_Drive_Bitcoin_And_Precious_Metals_Higher
Jeff is interviewed by Jay Taylor for Jay Taylor Media. Topics include: a sudden price rise for Bitcoin, a billion dollar invested in Bitcoin businesses in 2015, growing wealth in China coupled with capital controls are fueling the Bitcoin price, the internet is allowing freedom, centralized power is starting to lose control and Bitcoin can help that process, there is no risk that they can take over or end Bitcoin, worldwide taxation schemes, FATCA to drive Bitcoin adoption, Panama Papers a CIA op, debt jubilee, Japan to go through bankruptcy, the collapse of the Eurozone, US dollar collapse, Bitcoin to flourish along with gold and silver, gold is God's money, Bitgold and Goldmoney, one world government, the US to follow Venezuela, television brainwashing, Jeff's visit to the Bilderberg meeting in Germany
The Jay Taylor's website: http://jaytaylormedia.com/
TDV article on Bill Gross: https://www.dollarvigilante.com/blog/2016/05/28/billionaire-gross-jubilee-debt-relief-prelude-new-global-economic-order.html
Subscribe to The Dollar Vigilante: http://dollarvigilante.com/subscribe
The Dollar Vigilante on Facebook: https://www.facebook.com/DollarVigilante/?fref=ts
Anarchast: http://anarchast.com
To learn more on the Perpetual Traveler/Prior Taxpayer (PT) theory, you can see an hour long presentation on it as well as more than a dozen other related presentations here: http://vimeo.com/ondemand/tdv
- published: 13 Jun 2016
- views: 30512
Great Decisions 2017, Prof. John Troxell on Trade and Politics
- Order: Reorder
- Duration: 1:44:34
- Updated: 27 Feb 2017
- views: 607
The U.S. political mood toward trade has gone sour. Trade means that China wins, at America’s expense. Has the metrics used to gauge economic strength—Gross Dom...
The U.S. political mood toward trade has gone sour. Trade means that China wins, at America’s expense. Has the metrics used to gauge economic strength—Gross Domestic Product and balance of trade— kept up with modern manufacturing.
https://wn.com/Great_Decisions_2017,_Prof._John_Troxell_On_Trade_And_Politics
The U.S. political mood toward trade has gone sour. Trade means that China wins, at America’s expense. Has the metrics used to gauge economic strength—Gross Domestic Product and balance of trade— kept up with modern manufacturing.
- published: 27 Feb 2017
- views: 607
National geographic Documentary || China's military Superpower Military || BBC Documentary
- Order: Reorder
- Duration: 58:53
- Updated: 22 Apr 2016
- views: 51333
The People's Republic of China receives continual coverage in the popular press of its emerging superpower status,[14][15] and has been identified as a rising o...
The People's Republic of China receives continual coverage in the popular press of its emerging superpower status,[14][15] and has been identified as a rising or emerging economic growth and military superpower by academics and other experts. In fact, the "rise of China" has been named the top news story of the 21st century by the Global Language Monitor, as measured by number of appearances in the global print and electronic media, on the Internet and blogosphere, and in social media.[16][17][18][19][20] The term "Second Superpower" has been applied by scholars to the possibility that the People's Republic of China could emerge with global power and influence on par with the United States.[21] The potential for the two countries to form stronger relations to address global issues is sometimes referred to as the Group of Two.
Barry Buzan asserted in 2004 that "China certainly presents the most promising all-round profile" of a potential superpower.[22] Buzan claimed that "China is currently the most fashionable potential superpower and the one whose degree of alienation from the dominant international society makes it the most obvious political challenger." However, he noted this challenge is constrained by the major challenges of development and by the fact that its rise could trigger a counter coalition of states in Asia.[citation needed]
Parag Khanna stated in 2008 that by making massive trade and investment deals with Latin America and Africa, China had established its presence as a superpower along with the European Union and the United States. China's rise is demonstrated by its ballooning share of trade in its gross domestic product. He believed that China's "consultative style" had allowed it to develop political and economic ties with many countries including those viewed as rogue states by the United States. He stated that the Shanghai Cooperation Organisation founded with Russia and the Central Asian countries may eventually be the "NATO of the East".[23]
Economist and author of Eclipse: Living in the Shadow of China's Economic Dominance Arvind Subramanian argued in 2012 that China will direct the world's financial system by 2020 and that the Chinese renminbi will replace the dollar as the world's reserve currency in 10 to 15 years. The United States' soft power will remain longer. He stated that "China was a top dog economically for thousands of years prior to the Ming dynasty. In some ways, the past few hundred years have been an aberration."[24]
Lawrence Saez at the School of Oriental and African Studies, London, argued in 2011 that the United States will be surpassed by China as military superpower within twenty years. Regarding economic power, the Director of the China Center for Economic Reform at Peking University Yao Yang stated that "Assuming that the Chinese and U.S. economies grow, respectively, by 8% and 3% in real terms, that China's inflation rate is 3.6% and America's is 2% (the averages of the last decade), and that the renminbi appreciates against the dollar by 3% per year (the average of the last six years), China will become the world's largest economy by 2021. By that time, both countries' GDP will be about $24 trillion."[25]
Historian Timothy Garton Ash argued in 2011, pointing to factors such as the International Monetary Fund predicting that China's GDP (purchasing power parity adjusted) will overtake that of the United States in 2016, that a power shift to a world with several superpowers was happening "Now". However, China was still lacking in soft power and power projection abilities and had a low GDP/person. The article also stated that the Pew Research Center in a 2009 survey found that people in 15 out of 22 countries believed that China had or would overtake the US as the world's leading superpower.[26]
In an interview given in 2011, Singapore's first premier, Lee Kuan Yew, stated that while China supplanting the United States is not a foregone conclusion, Chinese leaders are nonetheless serious about displacing the United States as the most powerful country in Asia. "They have transformed a poor society by an economic miracle to become now the second-largest economy in the world. How could they not aspire to be number 1 in Asia, and in time the world?"[27] The Chinese strategy, Lee maintains, will revolve around their "huge and increasingly highly skilled and educated workers to out-sell and out-build all others."[28] Nevertheless, relations with the United States, at least in the medium term, will not take a turn for the worse because China will "avoid any action that will sour up relations with the U.S. To challenge a stronger and technologically superior power like the U.S. will abort their 'peaceful rise.'"[28] Though Lee believes China is genuinely interested in growing within the global framework the United States has created, it is biding its time until it becomes strong enough to successfully redefine the prevailing political and economic order.[29]
https://wn.com/National_Geographic_Documentary_||_China's_Military_Superpower_Military_||_BBC_Documentary
The People's Republic of China receives continual coverage in the popular press of its emerging superpower status,[14][15] and has been identified as a rising or emerging economic growth and military superpower by academics and other experts. In fact, the "rise of China" has been named the top news story of the 21st century by the Global Language Monitor, as measured by number of appearances in the global print and electronic media, on the Internet and blogosphere, and in social media.[16][17][18][19][20] The term "Second Superpower" has been applied by scholars to the possibility that the People's Republic of China could emerge with global power and influence on par with the United States.[21] The potential for the two countries to form stronger relations to address global issues is sometimes referred to as the Group of Two.
Barry Buzan asserted in 2004 that "China certainly presents the most promising all-round profile" of a potential superpower.[22] Buzan claimed that "China is currently the most fashionable potential superpower and the one whose degree of alienation from the dominant international society makes it the most obvious political challenger." However, he noted this challenge is constrained by the major challenges of development and by the fact that its rise could trigger a counter coalition of states in Asia.[citation needed]
Parag Khanna stated in 2008 that by making massive trade and investment deals with Latin America and Africa, China had established its presence as a superpower along with the European Union and the United States. China's rise is demonstrated by its ballooning share of trade in its gross domestic product. He believed that China's "consultative style" had allowed it to develop political and economic ties with many countries including those viewed as rogue states by the United States. He stated that the Shanghai Cooperation Organisation founded with Russia and the Central Asian countries may eventually be the "NATO of the East".[23]
Economist and author of Eclipse: Living in the Shadow of China's Economic Dominance Arvind Subramanian argued in 2012 that China will direct the world's financial system by 2020 and that the Chinese renminbi will replace the dollar as the world's reserve currency in 10 to 15 years. The United States' soft power will remain longer. He stated that "China was a top dog economically for thousands of years prior to the Ming dynasty. In some ways, the past few hundred years have been an aberration."[24]
Lawrence Saez at the School of Oriental and African Studies, London, argued in 2011 that the United States will be surpassed by China as military superpower within twenty years. Regarding economic power, the Director of the China Center for Economic Reform at Peking University Yao Yang stated that "Assuming that the Chinese and U.S. economies grow, respectively, by 8% and 3% in real terms, that China's inflation rate is 3.6% and America's is 2% (the averages of the last decade), and that the renminbi appreciates against the dollar by 3% per year (the average of the last six years), China will become the world's largest economy by 2021. By that time, both countries' GDP will be about $24 trillion."[25]
Historian Timothy Garton Ash argued in 2011, pointing to factors such as the International Monetary Fund predicting that China's GDP (purchasing power parity adjusted) will overtake that of the United States in 2016, that a power shift to a world with several superpowers was happening "Now". However, China was still lacking in soft power and power projection abilities and had a low GDP/person. The article also stated that the Pew Research Center in a 2009 survey found that people in 15 out of 22 countries believed that China had or would overtake the US as the world's leading superpower.[26]
In an interview given in 2011, Singapore's first premier, Lee Kuan Yew, stated that while China supplanting the United States is not a foregone conclusion, Chinese leaders are nonetheless serious about displacing the United States as the most powerful country in Asia. "They have transformed a poor society by an economic miracle to become now the second-largest economy in the world. How could they not aspire to be number 1 in Asia, and in time the world?"[27] The Chinese strategy, Lee maintains, will revolve around their "huge and increasingly highly skilled and educated workers to out-sell and out-build all others."[28] Nevertheless, relations with the United States, at least in the medium term, will not take a turn for the worse because China will "avoid any action that will sour up relations with the U.S. To challenge a stronger and technologically superior power like the U.S. will abort their 'peaceful rise.'"[28] Though Lee believes China is genuinely interested in growing within the global framework the United States has created, it is biding its time until it becomes strong enough to successfully redefine the prevailing political and economic order.[29]
- published: 22 Apr 2016
- views: 51333
Chinese Economy, Prof John Troxell
- Order: Reorder
- Duration: 59:55
- Updated: 13 Jun 2017
- views: 168
The U.S. political mood toward trade has gone sour. Trade means that China wins, at America’s expense. Has the metrics used to gauge economic strength—Gross Dom...
The U.S. political mood toward trade has gone sour. Trade means that China wins, at America’s expense. Has the metrics used to gauge economic strength—Gross Domestic Product and balance of trade— kept up with modern manufacturing.
https://wn.com/Chinese_Economy,_Prof_John_Troxell
The U.S. political mood toward trade has gone sour. Trade means that China wins, at America’s expense. Has the metrics used to gauge economic strength—Gross Domestic Product and balance of trade— kept up with modern manufacturing.
- published: 13 Jun 2017
- views: 168
Bill Gross No ‘bull market’ under Trump and Economic Collapse
- Order: Reorder
- Duration: 37:00
- Updated: 18 Nov 2016
- views: 52
Economist Channel : Bill Gross No 'bull market' under Trump
Economic collapse and financial cr is rising any moment. Getting informed about collapse and cr ma...
Economist Channel : Bill Gross No 'bull market' under Trump
Economic collapse and financial cr is rising any moment. Getting informed about collapse and cr may earn you, or prevent to lose money. Do you want to.
This video is selected and uploaded by Gazunda Services Ltd. It is not our property.
Stock Market Crash warnings 2016 - 2017 From the experts, politicians and hedge fund managers Donald Trump Bill Gross George Soros Stanley Druckenmiller .
https://wn.com/Bill_Gross_No_‘Bull_Market’_Under_Trump_And_Economic_Collapse
Economist Channel : Bill Gross No 'bull market' under Trump
Economic collapse and financial cr is rising any moment. Getting informed about collapse and cr may earn you, or prevent to lose money. Do you want to.
This video is selected and uploaded by Gazunda Services Ltd. It is not our property.
Stock Market Crash warnings 2016 - 2017 From the experts, politicians and hedge fund managers Donald Trump Bill Gross George Soros Stanley Druckenmiller .
- published: 18 Nov 2016
- views: 52
The Great Minarchist/Anarchist Debate - Jeff Berwick on The Richie Allen Show
- Order: Reorder
- Duration: 50:30
- Updated: 01 Feb 2016
- views: 16534
Jeff is interviewed by Richie Allen on the Richie Allen show, topics include: the upcoming Anarchapulco conference in Acapulco, Mexico 19-21st Feb, debt slavery...
Jeff is interviewed by Richie Allen on the Richie Allen show, topics include: the upcoming Anarchapulco conference in Acapulco, Mexico 19-21st Feb, debt slavery, wealth inequality and central banking, state of the nation lies, government cannot create jobs, gross interference in the markets, free market vs the environment & natural rights, great prosperity without government, the coming economic collapse, bank bail-ins, getting prepared, Bitcoin, Gold and Silver, the war on cash, any reduction in state power is a win.
The Richie Allen Show on David Icke's website: http://www.davidicke.com/richie-allen-audio-cast/
The Richie Allen Show on YouTube: https://www.youtube.com/channel/UCScsqqZi411nqVod1Uay0KQ
Free copy of 'The Market for Liberty' courtesy of the Mises Institute: https://mises.org/library/market-liberty-1
TDV Investment and Internationalization Summit: http://anarchapulco.com/workshops/tdv/
Anarchapulco, Anarchast's Annual Conference: http://anarchapulco.com
The Dollar Vigilante on Facebook: https://www.facebook.com/DollarVigila...
The Dollar Vigilante: http://dollarvigilante.com
Anarchast: http://anarchast.com/
https://wn.com/The_Great_Minarchist_Anarchist_Debate_Jeff_Berwick_On_The_Richie_Allen_Show
Jeff is interviewed by Richie Allen on the Richie Allen show, topics include: the upcoming Anarchapulco conference in Acapulco, Mexico 19-21st Feb, debt slavery, wealth inequality and central banking, state of the nation lies, government cannot create jobs, gross interference in the markets, free market vs the environment & natural rights, great prosperity without government, the coming economic collapse, bank bail-ins, getting prepared, Bitcoin, Gold and Silver, the war on cash, any reduction in state power is a win.
The Richie Allen Show on David Icke's website: http://www.davidicke.com/richie-allen-audio-cast/
The Richie Allen Show on YouTube: https://www.youtube.com/channel/UCScsqqZi411nqVod1Uay0KQ
Free copy of 'The Market for Liberty' courtesy of the Mises Institute: https://mises.org/library/market-liberty-1
TDV Investment and Internationalization Summit: http://anarchapulco.com/workshops/tdv/
Anarchapulco, Anarchast's Annual Conference: http://anarchapulco.com
The Dollar Vigilante on Facebook: https://www.facebook.com/DollarVigila...
The Dollar Vigilante: http://dollarvigilante.com
Anarchast: http://anarchast.com/
- published: 01 Feb 2016
- views: 16534
Full length Documentary - Idi Amin Biography
- Order: Reorder
- Duration: 1:31:04
- Updated: 19 Nov 2016
- views: 1106
Full length Documentary Idi Amin Biography
https://youtu.be/uq5tE60u52w
Idi Amin Dada (/ˈiːdi ɑːˈmiːn/; c. 1923–28 – 16 August 2003) was the third President of...
Full length Documentary Idi Amin Biography
https://youtu.be/uq5tE60u52w
Idi Amin Dada (/ˈiːdi ɑːˈmiːn/; c. 1923–28 – 16 August 2003) was the third President of Uganda, ruling from 1971 to 1979. Amin joined the British colonial regiment the King's African Rifles in 1946, serving in Kenya and Uganda. Eventually, Amin held the rank of major general in the post-colonial Ugandan Army, and became its commander before seizing power in the military coup of January 1971, deposing Milton Obote. He later promoted himself to field marshal while he was the head of state.
Amin's rule was characterized by human rights abuses, political repression, ethnic persecution, extrajudicial killings, nepotism, corruption, and gross economic mismanagement. The number of people killed as a result of his regime is estimated by international observers and human rights groups to range from 100,000 to 500,000.
During his years in power, Amin shifted in allegiance from being a pro-Western ruler enjoying considerable Israeli support to being backed by Libya's Muammar Gaddafi, Zaire's Mobutu Sese Seko, the Soviet Union, and East Germany. In 1975, Amin became the chairman of the Organisation of African Unity (OAU), a Pan-Africanist group designed to promote solidarity of the African states. During the 1977–1979 period, Uganda was a member of the United Nations Commission on Human Rights. Amin did however enjoy the support of the American CIA, which helped deliver bombs and other military equipment to Amin's Army and helped take part in military operations with Amin's forces in Uganda. In 1977, when Britain broke diplomatic relations with Uganda, Amin declared he had defeated the British and added "CBE", for "Conqueror of the British Empire", to his title. Radio Uganda then announced his entire title: "His Excellency President for Life, Field Marshal Alhaji Dr. Idi Amin Dada, VC, DSO, MC, CBE".
Dissent within Uganda and Amin's attempt to annex the Kagera province of Tanzania in 1978, led to the Uganda–Tanzania War and the demise of his eight-year regime, leading Amin to flee into exile to Libya and then Saudi Arabia, where he lived until his death on 16 August 2003.
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https://wn.com/Full_Length_Documentary_Idi_Amin_Biography
Full length Documentary Idi Amin Biography
https://youtu.be/uq5tE60u52w
Idi Amin Dada (/ˈiːdi ɑːˈmiːn/; c. 1923–28 – 16 August 2003) was the third President of Uganda, ruling from 1971 to 1979. Amin joined the British colonial regiment the King's African Rifles in 1946, serving in Kenya and Uganda. Eventually, Amin held the rank of major general in the post-colonial Ugandan Army, and became its commander before seizing power in the military coup of January 1971, deposing Milton Obote. He later promoted himself to field marshal while he was the head of state.
Amin's rule was characterized by human rights abuses, political repression, ethnic persecution, extrajudicial killings, nepotism, corruption, and gross economic mismanagement. The number of people killed as a result of his regime is estimated by international observers and human rights groups to range from 100,000 to 500,000.
During his years in power, Amin shifted in allegiance from being a pro-Western ruler enjoying considerable Israeli support to being backed by Libya's Muammar Gaddafi, Zaire's Mobutu Sese Seko, the Soviet Union, and East Germany. In 1975, Amin became the chairman of the Organisation of African Unity (OAU), a Pan-Africanist group designed to promote solidarity of the African states. During the 1977–1979 period, Uganda was a member of the United Nations Commission on Human Rights. Amin did however enjoy the support of the American CIA, which helped deliver bombs and other military equipment to Amin's Army and helped take part in military operations with Amin's forces in Uganda. In 1977, when Britain broke diplomatic relations with Uganda, Amin declared he had defeated the British and added "CBE", for "Conqueror of the British Empire", to his title. Radio Uganda then announced his entire title: "His Excellency President for Life, Field Marshal Alhaji Dr. Idi Amin Dada, VC, DSO, MC, CBE".
Dissent within Uganda and Amin's attempt to annex the Kagera province of Tanzania in 1978, led to the Uganda–Tanzania War and the demise of his eight-year regime, leading Amin to flee into exile to Libya and then Saudi Arabia, where he lived until his death on 16 August 2003.
Support this channel buying in Amazon: http://www.amazon.es/?tag=los100e-21
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Twitter: http://www.twitter.com/DigitalPhilo
- published: 19 Nov 2016
- views: 1106
- Playlist
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4:36
What is Gross Domestic Product (GDP)?
Picture the economy as a giant supermarket, with billions of goods and services inside. At...
published: 18 Nov 2015
What is Gross Domestic Product (GDP)?
What is Gross Domestic Product (GDP)?
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- published: 18 Nov 2015
- views: 94080
7:52
Gross Domestic Product – The Economic Lowdown Video Series
GDP data are among the most important economic data available for measuring economic growt...
published: 07 Oct 2014
Gross Domestic Product – The Economic Lowdown Video Series
Gross Domestic Product – The Economic Lowdown Video Series
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- published: 07 Oct 2014
- views: 67952
7:52
Gross Investment and Depreciation: Fundamentals of Economics
In this session the concepts of gross investment and depreciation are explained by Ms. Dip...
published: 12 Oct 2014
Gross Investment and Depreciation: Fundamentals of Economics
Gross Investment and Depreciation: Fundamentals of Economics
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- published: 12 Oct 2014
- views: 3711
13:43
Macroeconomics: Crash Course Economics #5
This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big pict...
published: 24 Aug 2015
Macroeconomics: Crash Course Economics #5
Macroeconomics: Crash Course Economics #5
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- published: 24 Aug 2015
- views: 478455
10:16
Income and Wealth Inequality: Crash Course Economics
Inequality is a big, big subject. There's racial inequality, gender inequality, and lots a...
published: 06 Dec 2015
Income and Wealth Inequality: Crash Course Economics
Income and Wealth Inequality: Crash Course Economics
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- published: 06 Dec 2015
- views: 558278
8:51
Productivity and Growth: Crash Course Economics #6
Why are some countries rich? Why are some countries poor? In the end it comes down to Prod...
published: 28 Aug 2015
Productivity and Growth: Crash Course Economics #6
Productivity and Growth: Crash Course Economics #6
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- published: 28 Aug 2015
- views: 360077
23:53
Disruptive economics | Dan Gross | TEDxWestportLibrary
This talk was given at a local TEDx event, produced independently of the TED Conferences. ...
published: 20 Nov 2014
Disruptive economics | Dan Gross | TEDxWestportLibrary
Disruptive economics | Dan Gross | TEDxWestportLibrary
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- published: 20 Nov 2014
- views: 168
2:58
Economics: What is "gross" in GDP?
What is the meaning of "gross" in Gross Domestic Product?
Gross investments = net investme...
published: 07 Feb 2017
Economics: What is "gross" in GDP?
Economics: What is "gross" in GDP?
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- published: 07 Feb 2017
- views: 46
7:31
Deficits & Debts: Crash Course Economics #9
What is debt? What is a deficit? And do these things have different outcomes for individua...
published: 23 Sep 2015
Deficits & Debts: Crash Course Economics #9
Deficits & Debts: Crash Course Economics #9
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- published: 23 Sep 2015
- views: 276556
5:11
Circular Flow of Income. How the different components of an economy interact.
Transcript:
1 In macroeconomics, we study the economy of one country.
2 Then try to unde...
published: 22 Nov 2014
Circular Flow of Income. How the different components of an economy interact.
Circular Flow of Income. How the different components of an economy interact.
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- published: 22 Nov 2014
- views: 35199
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4:36
What is Gross Domestic Product (GDP)?
Picture the economy as a giant supermarket, with billions of goods and services inside. At...
published: 18 Nov 2015
What is Gross Domestic Product (GDP)?
What is Gross Domestic Product (GDP)?
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- published: 18 Nov 2015
- views: 94080
7:52
Gross Domestic Product – The Economic Lowdown Video Series
GDP data are among the most important economic data available for measuring economic growt...
published: 07 Oct 2014
Gross Domestic Product – The Economic Lowdown Video Series
Gross Domestic Product – The Economic Lowdown Video Series
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- published: 07 Oct 2014
- views: 67952
7:52
Gross Investment and Depreciation: Fundamentals of Economics
In this session the concepts of gross investment and depreciation are explained by Ms. Dip...
published: 12 Oct 2014
Gross Investment and Depreciation: Fundamentals of Economics
Gross Investment and Depreciation: Fundamentals of Economics
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- published: 12 Oct 2014
- views: 3711
13:43
Macroeconomics: Crash Course Economics #5
This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big pict...
published: 24 Aug 2015
Macroeconomics: Crash Course Economics #5
Macroeconomics: Crash Course Economics #5
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- published: 24 Aug 2015
- views: 478455
10:16
Income and Wealth Inequality: Crash Course Economics
Inequality is a big, big subject. There's racial inequality, gender inequality, and lots a...
published: 06 Dec 2015
Income and Wealth Inequality: Crash Course Economics
Income and Wealth Inequality: Crash Course Economics
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- published: 06 Dec 2015
- views: 558278
8:51
Productivity and Growth: Crash Course Economics #6
Why are some countries rich? Why are some countries poor? In the end it comes down to Prod...
published: 28 Aug 2015
Productivity and Growth: Crash Course Economics #6
Productivity and Growth: Crash Course Economics #6
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- published: 28 Aug 2015
- views: 360077
23:53
Disruptive economics | Dan Gross | TEDxWestportLibrary
This talk was given at a local TEDx event, produced independently of the TED Conferences. ...
published: 20 Nov 2014
Disruptive economics | Dan Gross | TEDxWestportLibrary
Disruptive economics | Dan Gross | TEDxWestportLibrary
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- published: 20 Nov 2014
- views: 168
2:58
Economics: What is "gross" in GDP?
What is the meaning of "gross" in Gross Domestic Product?
Gross investments = net investme...
published: 07 Feb 2017
Economics: What is "gross" in GDP?
Economics: What is "gross" in GDP?
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- published: 07 Feb 2017
- views: 46
7:31
Deficits & Debts: Crash Course Economics #9
What is debt? What is a deficit? And do these things have different outcomes for individua...
published: 23 Sep 2015
Deficits & Debts: Crash Course Economics #9
Deficits & Debts: Crash Course Economics #9
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- published: 23 Sep 2015
- views: 276556
5:11
Circular Flow of Income. How the different components of an economy interact.
Transcript:
1 In macroeconomics, we study the economy of one country.
2 Then try to unde...
published: 22 Nov 2014
Circular Flow of Income. How the different components of an economy interact.
Circular Flow of Income. How the different components of an economy interact.
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- published: 22 Nov 2014
- views: 35199
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1:34:53
Idi Amin Biography Documentary
Idi Amin Dada (c. 1925 -- 16 August 2003) was the third president of Uganda, from 1971 to ...
published: 30 Apr 2014
Idi Amin Biography Documentary
Idi Amin Biography Documentary
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- published: 30 Apr 2014
- views: 355022
40:19
जब भारत था सबसे बडे आर्थिक संकट में | India In 1990s
जब भारत था सबसे बडे आर्थिक संकट में | India In 1990s
The crisis was caused by currenc...
published: 22 Apr 2017
जब भारत था सबसे बडे आर्थिक संकट में | India In 1990s
जब भारत था सबसे बडे आर्थिक संकट में | India In 1990s
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- published: 22 Apr 2017
- views: 26118
58:48
L5/P1: GDP Calculation Methods, CSO Base-revision, Economic Survey Data
Language: Hindi, Topics Covered:
1. definition and formulas of Gross Domestic Product (GDP...
published: 14 Mar 2015
L5/P1: GDP Calculation Methods, CSO Base-revision, Economic Survey Data
L5/P1: GDP Calculation Methods, CSO Base-revision, Economic Survey Data
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- published: 14 Mar 2015
- views: 101778
36:00
Global Elite Jubilee Plans at Bilderberg Will Drive Bitcoin and Precious Metals Higher
Jeff is interviewed by Jay Taylor for Jay Taylor Media. Topics include: a sudden price ris...
published: 13 Jun 2016
Global Elite Jubilee Plans at Bilderberg Will Drive Bitcoin and Precious Metals Higher
Global Elite Jubilee Plans at Bilderberg Will Drive Bitcoin and Precious Metals Higher
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- published: 13 Jun 2016
- views: 30512
1:44:34
Great Decisions 2017, Prof. John Troxell on Trade and Politics
The U.S. political mood toward trade has gone sour. Trade means that China wins, at Americ...
published: 27 Feb 2017
Great Decisions 2017, Prof. John Troxell on Trade and Politics
Great Decisions 2017, Prof. John Troxell on Trade and Politics
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- published: 27 Feb 2017
- views: 607
58:53
National geographic Documentary || China's military Superpower Military || BBC Documentary
The People's Republic of China receives continual coverage in the popular press of its eme...
published: 22 Apr 2016
National geographic Documentary || China's military Superpower Military || BBC Documentary
National geographic Documentary || China's military Superpower Military || BBC Documentary
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- published: 22 Apr 2016
- views: 51333
59:55
Chinese Economy, Prof John Troxell
The U.S. political mood toward trade has gone sour. Trade means that China wins, at Americ...
published: 13 Jun 2017
Chinese Economy, Prof John Troxell
Chinese Economy, Prof John Troxell
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- published: 13 Jun 2017
- views: 168
37:00
Bill Gross No ‘bull market’ under Trump and Economic Collapse
Economist Channel : Bill Gross No 'bull market' under Trump
Economic collapse and financ...
published: 18 Nov 2016
Bill Gross No ‘bull market’ under Trump and Economic Collapse
Bill Gross No ‘bull market’ under Trump and Economic Collapse
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- published: 18 Nov 2016
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50:30
The Great Minarchist/Anarchist Debate - Jeff Berwick on The Richie Allen Show
Jeff is interviewed by Richie Allen on the Richie Allen show, topics include: the upcoming...
published: 01 Feb 2016
The Great Minarchist/Anarchist Debate - Jeff Berwick on The Richie Allen Show
The Great Minarchist/Anarchist Debate - Jeff Berwick on The Richie Allen Show
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- published: 01 Feb 2016
- views: 16534
1:31:04
Full length Documentary - Idi Amin Biography
Full length Documentary Idi Amin Biography
https://youtu.be/uq5tE60u52w
Idi Amin Dada (/ˈ...
published: 19 Nov 2016
Full length Documentary - Idi Amin Biography
Full length Documentary - Idi Amin Biography
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- published: 19 Nov 2016
- views: 1106
Idi Amin Biography Documentary...
जब भारत था सबसे बडे आर्थिक संकट में | India In 19...
L5/P1: GDP Calculation Methods, CSO Base-revision,...
Global Elite Jubilee Plans at Bilderberg Will Driv...
Great Decisions 2017, Prof. John Troxell on Trade ...
National geographic Documentary || China's militar...
Chinese Economy, Prof John Troxell...
Bill Gross No ‘bull market’ under Trump and Econom...
The Great Minarchist/Anarchist Debate - Jeff Berwi...
Full length Documentary - Idi Amin Biography...
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Muslim-American Girl Killed After Leaving Virginia Mosque
Edit WorldNews.com 19 Jun 2017
After the dispute started, her friends fled and called police when Hassanen went missing.Female remains were found by police a few miles from the scene Sunday afternoon. An autopsy will be performed to confirm the identity of the body, the report said. The Fairfax County Police Department said Torres was taken into custody and charged with murder ... The search for the girl began around 4 a.m. with police helicopters and dogs ... ....
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Tensions rise in Syria as Russia, Iran send US warnings
Edit Albuquerque Journal 19 Jun 2017
BEIRUT — Russia on Monday threatened aircraft from the U.S.-led coalition in Syrian-controlled airspace and suspended a hotline intended to avoid collisions in retaliation for the U.S. military shooting down a Syrian warplane. The U.S ... The downing of the warplane — the first time in the six-year conflict that the U.S. has shot down a Syrian jet — came amid another first ... Advertisement. Continue reading ... The U.S ... Gen ... ___ ... ....
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Days after North Korean Release, Otto Warmbier Dies In Ohio
Edit WorldNews.com 19 Jun 2017
The Washington Post reported Otto Warmbier, the University of Virginia student who was detained in North Korea for nearly nearly 18 months, died Monday afternoon, his parents announced. Warmbier returned from North Korea last week in a coma, and his father Fred Warmbier denounced the “pariah” regime brutalized his son.The family released the following statement Monday afternoon. ... He looked very uncomfortable — almost anguished....
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North Korean Delegates Say They Were 'Literally Mugged' When Their Package Was Seized at JFK
Edit WorldNews.com 19 Jun 2017
North Korea accused U.S. officials of confiscating a diplomatic package from a delegation at John F. Kennedy Airport Sunday — describing it as an “illegal and heinous act of provocation,” The Associated Press reported. North Korean officials were returning from a U.N ... Multiple media items and packages were confiscated from three North Koreans Sunday, U.S. Department of Homeland Security official David Lapan said. The U.S ... ....
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Everything you need to know about why Julian Assange is still in the Ecuadorian embassy
Edit Irish Independent 19 Jun 2017
Julian Assange has now been holed-up in London’s Ecuadorian embassy for five years, but what took him there and why is he so controversial?. Here’s everything you need to know about the man behind Wikileaks and why he’s so unpopular with security officials. Who is Julian Assange?. Assange is an Australian computer programmer, who gained notoriety with cyber-security authorities as a teenage hacker in the late 1980s ... What is Wikileaks? ... ....
Revenue body attaches strings to tax on income from IFIs
Edit The News International 20 Jun 2017
The apex tax authority was informed that receipts on account of Islamic financing products, namely Murabaha, being a transaction of sale and purchase of underlying goods, is treated as gross receipts for the purpose of levying minimum tax under Section 113 of Income Tax Ordinance....
FBR explains certain provisions of Income Tax Ordinance 2001 on Islamic banking
Edit The News International 20 Jun 2017
It has been reported to the Board that receipts on account of Islamic financing product namely Murabaha, being a transaction of sale and purchase of underlying goods, is treated as gross receipts for the purpose of levying minimum tax under Section 113 of the Ordinance....
Congo cbank revises 2017 GDP growth down to 3.1 pct
Edit Topix 20 Jun 2017
Democratic Republic of Congo's central bank said on Monday that it expects gross domestic product growth of 3.1 percent this year, down from an earlier government forecast of 3.5 percent but an improvement on last year's 2.4 percent growth ... ....
Debt reduced by Rs 4k crore in FY17, Rs 6.2k crore since April: Vedanta
Edit The Economic Times 20 Jun 2017Budget deficit to widen to 2.6 percent of GDP: Finance minister
Edit Antara News 20 Jun 2017
A deficit in the 2017 state budget is expected to widen to 2.6 percent from the targeted 2.41 percent of the gross domestic product (GDP) due to extra priority spending, Finance Minister Sri Mulyani Indrawati said.
"We are ... ....
Man convicted in case where rape victim testified with support dog
Edit The Columbus Dispatch 20 Jun 2017
Caslin, 23, formerly of Rivercreek Bay Way, was found guilty of multiple counts of kidnapping, aggravated robbery and rape and single counts of aggravated burglary, gross sexual imposition and tampering with evidence. The jury, which [...] ... ....
Ink-brush master fetches US$50M at China Guardian
Edit China.org.cn 20 Jun 2017
Modern ink-brush master Huang Binhong's momentum mountain-and-water piece, Yellow Mountain, grossed 345 million yuan ($50.6 million) at China Guardian Auctions' sale in Beijing on Monday ... ....
For democracy
Edit The News International 20 Jun 2017
It is well known that there have been gross follies from both the elected and the selected ones during the 70 years history of the country ... Elected rather than selected ... Dr Sher Mohammad Khan. Peshawar. ....
Go Behind The Scenes of ‘Transformers: The Last Knight’
Edit Hollywood 20 Jun 2017
. Like it or not, the Transformers franchise is huge. The films have grossed millions of dollars, totaling in the Billions ... The Last Knight’ ... In the above interview go behind the scenes of ‘Transformers ... ... ....
Man accused of stabbing woman, attempting to sexually assault teen arrested
Edit Cleveland 20 Jun 2017
> ... Marshals . John Eskridge, 37, was arrested on Prange Drive in Cuyahoga Falls, U.S. Marshal Pete Elliott said ... Eskridge was wanted on charges of domestic violence, aggravated assault and gross sexual imposition, U.S ... ....
Shoreham air disaster inquest date to be confirmed at review
Edit AOL 20 Jun 2017
A pre-inquest review will take place on Tuesday into the Shoreham air disaster in which 11 men died nearly two years ago ... Its pilot, Andrew Hill, 53, is being investigated for possible manslaughter by gross negligence ... ....
First 'tech ambassador' out to woo Silicon Valley
Edit Irish Independent 20 Jun 2017
The top firms in California's Silicon Valley carry more weight on the global stage than many countries, which makes building diplomatic relations with them increasingly important, the world's first national technology ambassador has said ... In economic terms, the new partners are comparable. Denmark's 2016 gross domestic product was DKK2.06trn (€277bn), putting it between the market values of Facebook and Oracle ... (Reuters). ....
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