What causes an economic recession? - Richard Coffin
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TEDEd Animation
Let’s Begin…
For millennia, the people of Britain had been using bronze to make tools and jewelry, and as a currency for trade. But around 800 BCE, that began to change: the value of bronze declined, causing social upheaval and an economic crisis— what we would call a recession today. So what causes recessions? Richard Coffin digs into the economic fluctuations that affect our modern markets.
What is an example of a shock (not used above) that could cause a recession? Explain how the shock would impact supply or demand.
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Meet The Creators
- Educator Richard M. Coffin
- Director Nabil Burias
- Narrator Addison Anderson
- Animator Nabil Burias
- Producer Aaron Augenblick
- Music GDM Production Music
- Director of Production Gerta Xhelo
- Editorial Producer Alex Rosenthal
- Associate Producer Bethany Cutmore-Scott
- Associate Editorial Producer Elizabeth Cox
- Fact-Checker Eden Girma
