As Inappropriate

Please select the category that most closely reflects your concern about the video, so that we can review it and determine whether it violates our Community Guidelines or isn't appropriate for all viewers. Abusing this feature is also a violation of the Community Guidelines so don't do it.

Basics of the Circular Flow

Lesson created by Jeff Boulton using

Video from edunirvana101 YouTube Channel

Let’s Begin…

The purpose of this first lesson is to lay the groundwork for you to understand basic of the economy, and the role of the financial system (and thus financial markets) so that you can ultimately understand how accounting applies in this universe. Remember, the content in "Think" should form the basis of your notes. Check "...And Finally" to make sure you have made note of all key learnings.

Create and share a new lesson based on this one.

Additional Resources for you to Explore
FOR YOUR NOTES: What would happen if there was no financial system? Click here for this lesson's in-class activity.
Make sure you can answer what the significance of the financial system is. Have it recorded in your notes. Then go on to the next lesson.
Avatar for Jeff Boulton
Lesson Creator
Burlington, Canada

Log In to Take or Create a Lesson

Log In to participate

Please Log In or Register to Apply

Please Log in to Access Leader Resources

If you have already logged into click Log In to verify your authentication. Click Register if you need to create a free TED-Ed account.
Log In    Register

Enter your name

Your name and responses will be shared with Jeff Boulton.

To track your work across TED-Ed over time, Register or Login instead.