Link: https://www.npr.org/2021/03/12/976569019/chips-cars-and-the-baby-bust
In 2020, everyone, no matter their involvement with economics, knew what a shortage was. Toilet paper was gone from the shelves before it was even able to be stocked in stores. In 2021, there are some new shortages the U.S. is facing: microchips, cars, and babies. The Indicator discusses the causes of the limited supply of microchips which in turn is limiting car production, as well as the declining birth rate that the U.S. will face as a result of the pandemic.
Original Air Date: March 12, 2021
Length: 9 minutes 33 seconds
Leave a Reply