Economics Explained | Did Washing Machines Change The Global Economy More Than The Internet? @EconomicsExplained | Uploaded February 2023 | Updated October 2024, 11 hours ago.
The internet is widely hailed as one of the most economically impact inventions of the modern era. But there is one much more mundane invention that at least one economist believes was even more important - the washing machine.
0:00 - 1:43 Intro
1:44 - 3:31 The rise of washing machines
3:32 - 5:10 Labour productivity
5:11 - 6:38 Women entering the workforce
6:39 - 8:00 Artificial intelligence
8:01 - 9:09 Labour force participation
9:10 - 11:20 Is the internet overrated?
11:21 The evidence
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ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏
Support EE by becoming a Patron today! 👉 patreon.com/EconomicsExplained
The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:
Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas
The internet is widely hailed as one of the most economically impact inventions of the modern era. But there is one much more mundane invention that at least one economist believes was even more important - the washing machine.
0:00 - 1:43 Intro
1:44 - 3:31 The rise of washing machines
3:32 - 5:10 Labour productivity
5:11 - 6:38 Women entering the workforce
6:39 - 8:00 Artificial intelligence
8:01 - 9:09 Labour force participation
9:10 - 11:20 Is the internet overrated?
11:21 The evidence
This video was made possible by our Patreon community! ❤️
See new videos early, participate in exclusive Q&As, and more!
➡️ patreon.com/EconomicsExplained
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw
Enjoyed the video? Comment below! 💬
⭑ Enjoyed? Hit the like button! 👍
Check out our second channel Economics Explained Essentials → youtube.com/@economicsexplainedessentia551
✉️ Business Enquiries → hello@economicsexplained.com
🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained
Follow EE on social media:
Twitter 🐦 → twitter.com/EconomicsEx
Facebook → facebook.com/EconomicsEx
Instagram → instagram.com/economicsexplained
TikTok → tiktok.com/@economicsexplained
#Economics #Explained #EconomicsExplained
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏
Support EE by becoming a Patron today! 👉 patreon.com/EconomicsExplained
The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:
Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas
