Channel: Professor Dave Explains

Category: Education

Tags: economicsmonopolyfree marketsadam smithcompetitionconsumer sovereigntyeconomic systemsnegative externalities

Description: We just learned about all the four main economic systems, so it's time to dive a little deeper with each of them one at a time, and we will start with free markets. Why do people like them? What are the advantages and disadvantages of free markets? Let's find out! Script by Matt Beat: youtube.com/user/iammrbeat Animation by Ignacio Triana: youtube.com/c/Unraveled Watch the whole Economics playlist: bit.ly/ProfDaveEcon Mathematics Tutorials: bit.ly/ProfDaveMath American History Tutorials: bit.ly/ProfDaveAmericanHistory History of Drugs Videos: bit.ly/ProfDaveHistoryDrugs General Chemistry Tutorials: bit.ly/ProfDaveGenChem Classical Physics Tutorials: bit.ly/ProfDavePhysics1 EMAIL► ProfessorDaveExplains@gmail.com PATREON► patreon.com/ProfessorDaveExplains Check out "Is This Wi-Fi Organic?", my book on disarming pseudoscience! Amazon: amzn.to/2HtNpVH Bookshop: bit.ly/39cKADM Barnes and Noble: bit.ly/3pUjmrn Book Depository: bit.ly/3aOVDlT