Explanations
How a Vietnamese Village Makes 50,000 Incense Sticks A Day
Graham Watson
3rd February 2022
This Business Insider clip looks at Vietnamese incense sticks. There's lots of economics here - including trade protectionism and branding.
But for me the big thing is the demonstration of economies of scale obtained in this labour intensive industry.
Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.
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