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Economics Course for Kids: Supply and Demand

2 minutes 57 seconds

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Videos are generally available for preview to non-members as short clips. Limited full-length titles are also available. Log In to view the full length title.

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Five dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “Supply and Demand. Kid Explorer.”

Supply is the amount there is of something. Demand is how much people want it. When there's more supply than demand, prices go down. When there's more demand than supply, prices go up. Part of the "Economics Course for Kids" series.

Media Details

Runtime: 2 minutes 57 seconds

Topic: Business
Subtopic: Consumer Education, Economics, Finance and Banking
Grade/Interest Level: 4 - 8
Standards:

Release Year: 2021
Producer/Distributor: Kid Explorer
Series: Economics Course for Kids
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Dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “What is Economics. Kid Explorer.”

Five dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “Micro versus Macro. Kid Explorer.”

Dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “Types of Economy. Kid Explorer.”

Five dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “Four Sectors of Economy. Kid Explorer.”

Five dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, Goods and Services. Kid Explorer.”

Five dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “Needs and Wants. Kid Explorer.”

Five dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “Consumers and producers. Kid Explorer.”

Five dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “Supply and Demand. Kid Explorer.”