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Crash Course Economics - Season 1 Episode 16 Globalization and Trade and Poverty

Trailer
What is globalization? Is globalization a good thing or not. Well, I have an answer that may not surprise you: It's complicated. This week, Jacob and Adriene will argue that globalization is, in aggregate, good. Free trade and globalization tend to provide an overall benefit, and raises average incomes across the globe. The downside is that it isn't good for every individual in the system. In some countries, manufacturing jobs move to places where labor costs are lower. And some countries that receive the influx of jobs aren't prepared to deal with it, from a regulatory standpoint. Anyway, Jacob and Adriene can explain the whole thing to you in 10 minutes.

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First Air Date: Jul 08, 2015

Last Air date: Jun 09, 2016

Season: 1 Season

Episode: 35 Episode

Runtime: 10 minutes

IMDb: 2.00/10 by 1.00 users

Popularity: 2.006

Language: English

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