The video starts off by introducing the chicken. The chicken is originally a man in a chicken suit who works for a Los Angelus radio station. The "Chicken" -as he is referred to in the video- now also works as a Mascot for a baseball team. To show some of the basic concepts of economics a question is asked "why is this chicken in 250 million born every year so successful?" The five basic ch

This video is an original way of introducing the basic concepts of economics. The Chicken and all his jokes make the subject of economics more interesting. The length of the video is also a very good choice by the director and producers. This makes the video interesting and requires the viewer to give his full attention throughout the video.

aracteristics of a Market Economy are introduced to answer that question. The first is that a market economy has private ownership of resources. This means that labor and other types of resources are government protested ownerships. In the video it is explained that the Chicken or the man in the chicken suit is a rare individual who has the skill of entertaining people. The second characteristic of a mar

Some common words found in the essay are:
Competition Competition, Market Economy, Chickenomics Chickenomics, Los Angelus, market economy, five basic characteristics, basic characteristics, five basic, economics video, characteristic market, characteristic market economy, chicken selling, video tape, chicken suit, market economy market, dolls raises price, characteristics economics, using chicken, selling chicken dolls,
Approximate Word count = 507
Approximate Pages = 2 (250 words per page double spaced)