I just watched this awesome video on how the economy works. As an economics student, i find this video very good in explaining the concepts of economics. Guaranteed that after you watch this, you'll understand why some events like rising prices, recessions have to happen. The video also explained what is credit and debt and why increasing productivity is important. After watching this, you'll understand the purpose of some of the policies that the Singapore government has made and why they do it. Understanding this will also help you in your investment decisions.
Enjoy the short 30 mins video!!
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