What exactly is rent seeking? A Short Explainer
This video explains "rent-seeking" as the act of using one's #resources or #power to obtain #economic #gain beyond what would have been possible through #legitimate #market #transactions. In other words, it's a way of gaining #wealth or #profits by #manipulating the system rather than #producing #goods or #services.
#Economics101 #EconomicsExplained #Economic #Concept #Explainer #Video #shortlecture

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