How an Economy Grows: Get Shirty
Discipline: Economics
Type of Paper: Discussion Essay
Academic Level: Undergrad. (yrs 1-2)
Paper Format: APA
Pages: 1
Words: 275
Question
Instructions
Watch “FI$H – How an Economy Grows (Episode 2: Get Shirty)” [5:37 minutes]. Based on the above video clip, which of the basic principles of economic thinking is/are addressed, and explain why? Explain in your own words, what drives Able and Charlie to trade? What is/are the underlying assumption(s) that allow the trade to occur?