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Crash Course: Chapter 10 - Inflation (1 of 2)
Content Provider | WatchKnowLearn |
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Description | Chapter 10 (Inflation - Part 1 of 2): Dr. Martenson establishes inflation as a monetary phenomenon, defined as the decrease of the value of money, caused by too much money around in relation to goods and services. From 1665 to 1776, 111 years, there was absolutely no inflation. From 1665 to 1905, 240 years, the cost of living stayed roughly the same, aside from brief jumps during wars. Unfortunately for us, there was no settling in terms of inflation after World War I or World War II. The military apparatus was not dismantled, and inflation has accelerated to astonishingly high levels. |
Language | English |
Access Restriction | Open |
Rights License | Proprietary |
Subject Keyword | k-12 homeschool homeschooling Inflation home school parents educational videos k12 preK-12 Social Sciences Economics and Business Economics Social Studies Economics Concepts |
Content Type | Video |
Educational Role | Student Teacher |
Educational Use | Self Learning Lecture |
Time Required | PT9M17S |
Education Level | Class XI Class IX Class XII Class X |
Pedagogy | Lecture cum Demonstration |
Resource Type | Video Lecture |
Subject | Inflation |