Elasticity and Slave Redemption

Title:
Elasticity and Slave Redemption
Description:

Beginning in 1993, Sudan entered into a civil war, with one of the worst parts being that many people were kidnapped and sold into slavery. Humanitarian groups traveled to Sudan to redeem slaves by buying them out of slavery. Is this good policy? Did it work out, or make it worse? Let’s use elasticity to analyze the situation.

Microeconomics Course: http://mruniversity.com/courses/principles-economics-microeconomics

Ask a question about the video: http://mruniversity.com/courses/principles-economics-microeconomics/elasticity-example-slave-redemption-sudan#QandA

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Video Language:
English
Team:
Marginal Revolution University
Project:
Micro
Duration:
04:44
http://www.youtube.com/watch?v=XOC_nIQ5its
Format: Youtube
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Format: Youtube
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