The realm of modern economics is marked by diverse phenomena such as shrinkflation, where consumers face decreasing product sizes amidst stable or rising prices, reflecting a subtle form of inflation. Meanwhile, publications like The Economist shed light on the financial implications of global conflicts, illustrating the significant impact of geopolitical events on stock markets and investment opportunities.
Through the lens of Statistics Canada’s infographics, we gain a clearer understanding of national trends, highlighting the importance of accessible data in comprehending economic dynamics. Gapminder further enriches this landscape by challenging preconceived notions about global development, using data visualization to foster a more informed global perspective. Together, these sources weave a multifaceted view of economic principles, challenges, and the continuous interplay between global events and economic stability.
1-Shrinkflation: A term that describes how products shrink in size or quantity while their prices remain the same or increase, effectively a hidden form of inflation affecting consumer goods.
2-The Economist : Making money on the war in the stock market
https://www.youtube.com/channel/UC0p5jTq6Xx_DosDFxVXnWaQ
3-Statistics Canada: Infographics: Provides visual data insights into Canada’s economy, demographics, and other statistical information, helping to understand trends and changes within the country through engaging infographics.
https://www150.statcan.gc.ca/n1/en/catalogue/11-627-M
4–Gapminder: A tool that visualizes complex global data with an emphasis on debunking common myths about development and progress. It allows users to explore various indicators across countries and time, offering insights into economic, health, and societal changes.