Hello, fellow Sipil citizens, welcome to a new segment on my YouTube channel, the guide for economics. Yes, this is a new segment on this channel, why did I make this segment? The story is simple, actually, like this, one of the most frequently discussed discussions on this channel, especially if it's not economics, why is that? Because it can be said that it is the field of science that I am most in charge of, because
almost all formal knowledge disciplines that I have, yes, yes, everything is about economics, so from so many contents that I made about economics, whether it's light, whether it's heavy, whether it's macroeconomics, microeconomics, I always read your comments and in every comment, I always find basic mistakes in understanding economics, which for me is
It should be easy to understand, it turns out that many people are misled, it turns out that many people are wrong to understand things that I think everyone should be able to do. Well, that's when I realized that not everyone has the privilege to learn economics.
formally. Meanwhile, on the one hand, basic understanding of economics becomes something that is very fundamental to understand economics in general. Yes, for that, I made this content and I point out for those who do not get the opportunity to study economics formally, either because they choose another discipline or are not lucky enough to have money to continue their education.
Yes, in other words, I'm just trying to use YouTube optimally, sir. Like before, if we don't have money, it's difficult, or if we choose other disciplines, we need effort to learn or understand something that we haven't understood yet, but with the presence of YouTube, we can learn a lot of things.
I hope this can be useful, who knows it can be a prayer, right? so that it can cover my sins that are very, very many and big, that's okay, hopefully this segment will be something useful for all of you
Okay, we will understand economics from the most basic things. We start from understanding. What is the real knowledge of economics? So if I ask you, what is the essence of the economy? Is it money? Is it wealth? Is it equality? Is it prosperity? No, not all of that is the essence of the economy. The essence of the economy is scarcity or scarcity.
The economy was born because of two things. First, limited resources. Second, unlimited human needs. Well, human activity to meet these unlimited needs with limited resources, this is what is understood as the economy to achieve prosperity.
Then what are categorized as resources? First, land, including natural resources. The second is the worker, namely his own human being. The third is capital. Well, this difficult problem finally makes humans have to determine the choice. Each choice requires what is called sacrifice, in other words, money. Because every time we choose one choice, it means we have sacrificed the choice.
This is what is called an opportunity cost. For example, you are faced with the choice of becoming a Youtuber or PNS. When you want to choose to be a PNS,
Maybe you get better life insurance, more balanced income, your condition is more stable and your risk is lower. But on the one hand, your chance to get a large accumulation of value is almost none, unless you do things that are not respected and violate the law.
to have a lot of creative space or time or flexibility of time, it's hard because you work, it's arranged, whether it's the entry schedule, the return schedule, the work, and so on. Meanwhile, as a YouTuber, maybe you don't have financial stability like that, you don't have insurance on old days like that, and you may not have permanent income.
you can just get a big income this month and next month you don't get it at all, it's possible and some other things that are
very very volatile, plus you don't have a pension either, but you have better flexibility in time, you have a better creation space and you can get more money even though it's not more stable and constant, but it's very, very possible for you to have a bigger and better income
The process of calculating profits and losses from each of these two professions is called Opportunity Cost. And this opportunity cost will never disappear from human civilization, from the beginning to the present. After this condition, the problem of the economy was finally born. Before we continue, I want to promote an application first. When we talk about stocks or crypto,
we have to admit that these two instruments are not low-risk instruments because we already know that these two instruments are not low-risk, then we have to be able to minimize the risks when we have a desire to invest in stocks or crypto
One of them is by using a platform or a safe application in transactions. And I highly recommend Nanovest. Why is that? Because this application has been regulated by Bapeti. He also has an ISO certificate, guaranteed insurance with Sinarmas, and protected from various forms of cybercrime attacks.
Besides that, investing in Nanovest is very easy, especially if you want to invest in stocks in the United States such as Netflix, Apple, Intel, and others. Because there are more than 2,000 options for US assets and stocks, especially capital for investing in Nanovest starting from Rp 5,000 and free transaction fees. Well, Nanovest is a platform that is easy to understand and they also have nano education every week, which is aimed to help users understand the current conditions and situations.
In other words, that will give them insight that affects their investment product choices. And finally, if you are interested in downloading the application, you can use the referral code from me to get a bonus of up to Rp 40,000. And you need to know that the verification is not up to 1 minute. So what are you waiting for? Let's start a safe investment for the future. Because everything is safe with NANO. There are 3 main economic problems. First, what is produced.
How to produce it? Who is this for? And to answer these three economic problems, something that we know as an economic system was born. The basic of an economic system is three. First, the market economy system or the liberal economy system. Second, the commanding economy system or the central economy system. Third, the mixed economy system.
And I think you guys already understand the difference between these three systems. In a big way, the market economy system requires minimum government intervention, minimizing market intervention, the government only as a neckwatcher, and so on. While the central economic system, the command is in the government.
The government has a strong role, and so on. The third is the mixed economic system. The name is also a mixture, which means a combination of the two. If we talk about today, it will actually be very difficult to find a pure market economy or a pure central economy system. Almost all of them apply the mixed economic system, even the United States itself.
Don't think that the US government does not intervene in the market, they still intervene in the market. What differentiates between countries is only the number of people. But some are more inclined to the liberal economic system, some are more inclined to the centralized economic system. If you have an example, please write it in the comments column.
that's all, yes, we talk about the basics first, the light ones first, so friends can understand the basic concept of what is called the economy itself. Okay, that's all from me, hopefully this content is useful, see you in the next content, see ya
More transcripts
Explore other videos transcribed with YouTLDR.

شرح قصة REANIMAL مع بعض التوقعات والنظريات
Yousef Alkhaldi / يوسف · English

अंग्रेजों ने कैसे लूटा भारत | The Great British Loot
Past Studio · English

Kurikulum Merdeka PPKN Kelas 10 Bab 1 Unit 1 Menggali Ide Pendiri Bangsa Tentang Dasar Negara
Portal Edukasi · English

CHUKITO: El Niño Sicario – Película Completa (Basada en Hechos Reales)
Capricornio TV · Spanish

PortSwigger OS Command Injection Lab-1 | Simple case
The Cyber Expert · English

The New Chinese Motorhome That Outclasses Every Luxury Mansion
Prime Insights · English

Inside the Life of DJ Shipley – America’s Humble Warrior
Special Forces TV · English

هل نقدر نبني SaaS كامل بالـ AI؟ | الحلقة 1: التخطيط وبناء الفكرة
Ahmed Nagdy - أحمد نجدي · Arabic

شور - هيهات منا الذلة - كربلائي حسين طاهري 4K ©️
عشاق المجالس eishaq almajalis · English

الحقيقة واليقين
الموسوعة الفلسفية · English

Tarkov's Worst Sherpa
TheBurntPeanut · English

Tutorial Pengoperasian Mesin CNC Turning GREAMAT 805 Ta
CNC JULI MEDIA · English
Get the TLDR of any YouTube video
Transcribe, summarize, and repurpose videos in 125+ languages — free, no signup required.