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\nUnderstanding Inflation and Deflation: Impact on Businesses and Consumers\n

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\nThis video lecture provides an overview of the economic phenomenon of inflation, including the factors that influence individual pricing strategies and how changes in pricing throughout an economy can lead to inflation. The lecturer also...\nThis video lecture provides an overview of the economic phenomenon of inflation, including the factors that influence individual pricing strategies and how changes in pricing throughout an economy can lead to inflation. The lecturer also explores the impact of inflation on businesses, including changes in consumer behavior, production costs, and labor negotiations. Additionally, the video explains the concept of a basket of goods and services and how it is used to measure inflation. Finally, the lecturer compares inflation to deflation and provides examples of how both can impact businesses.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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10:07
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Grade
Higher Ed
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Subjects
Social Studies & History
3 more...
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Media Type
Instructional Videos
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Source:
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\nKnowMo Business\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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Concepts

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business, inflation, wages, demand, consumers, workers, debt
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Additional Tags

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a-level, section, threats, and, opportunities, 1.5.1, profit margins, highly geared, nominal amount, production process, recent years, living crisis, inflation rate, real incomes, production costs, high inflation, real wages, impacts, higher, costs, real, falling, firms, call, important, goods, increase, means, businesses
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Classroom Considerations

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Best For: Explaining a topic
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Understanding Inflation and Deflation: Impact on Businesses and Consumers\" href=\"/subscription/new\">\"Understanding\n\n
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