What Causes Economic Bubbles?

What do tulips, real estate, and stock in a pet store have in common? Find out what happens when products or services sell for much more than they are worth.

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CCSS: Adaptable
Instructional Ideas

  • As an extension assignment, have class members research the dot-com bubble (or mania) mentioned in this video and explain what it entailed
Classroom Considerations

  • It would be beneficial for learners to have some foundational economics knowledge and an understanding of how we come to determine something's value before beginning the video
Pros

  • Drawings are animated and engaging
  • Provides some background economics history, beginning with Dutch trade in the seventeenth century
Cons

  • None