Supply, Demand & Price | izzit.org
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Supply, Demand & Price

Format: Streaming
Length: 3.58
Grade Level: 7-12+
Closed Captioned

Adam Smith's Invisible Hand at work - Supply & Demand drive price

Discussion Question:

How does the baker know what to bake?

Related Video

The Invisible Hand

eBay and a Scottish bakery demonstrate Adam Smith's Invisible Hand concept.

Subject Areas

Business / Family & Consumer Science

Economics

U.S. History / Government & Civics

Topics

Europe

Free Markets

Money/Finances

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