đź’µ How the economy works #shorts

56.9K viewsabout 2 years ago0m 15sScore: 70

Sean Pan

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beginner
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Summary

The video uses a simplified money-go-round approach to explain the economy. The government lends money to banks, who lend to business owners, who pay employees, who buy things and pay taxes. Money is always flowing, and personal wealth comes from spending less than you earn.