Corn
A massive, drought destroys millions of acres of corn across the Midwest.
Natural Disaster Supply Decrease
The economy enters a booming period, and the average citizen's paycheck grows significantly.
Income Demand Increase
The country experiences a massive population boom.
Number of Buyers Demand Increase
A viral social media trend makes drinking iced lattes the most popular morning routine in the country.
Tastes and Preferences Demand Increase
A major budget airline goes bankrupt and ceases all of its flights permanently.
Number of Sellers Supply Decrease
A popular new health documentary claims that eating corn daily leads to extreme weight loss and better health.
Tastes and Preferences Demand Increase
A breakthrough in robotics makes factory assembly lines twice as fast and much cheaper to operate.
Technology Supply Increase
Three major new international electronics companies launch and enter the mobile phone market.
Number of Sellers Supply Increase
An unexpected and severe frost ruins the coffee bean harvest in Brazil.
Natural Disaster Supply Decrease
The price of jet fuel plummets globally, making it much cheaper to operate commercial flights.
Costs of Inputs Supply Increase
The price of commercial fertilizer, which is required to grow crops, drops by 50%.
Input Costs Supply Increase
The price of gasoline doubles overnight, making it extremely expensive to drive.
Price of Complementary Goods Demand Decrease
Medical reports falsely claim that holding this specific device causes a painful skin rash.
Tastes and Preferences Demand Decrease
The price of tea drops to an all-time low, making it much cheaper than a cup of joe.
Price of Substitute Goods Demand Decrease
It is the week before Thanksgiving, and millions of college students and families suddenly need to travel home.
Number of Buyers Demand Increase
The price of wheat skyrockets due to a new brand of bugs that are devouring wheat farms.
Price of Substitute Goods Demand Increase
A sudden global shortage of semiconductors and steel halts vehicle manufacturing.
Costs of Input Supply Decrease
The government imposes a strict new 15% excise tax on the production of all consumer electronics.
Government Taxes Supply Decrease
A severe recession hits, causing widespread job losses, and people switch from buying expensive lattes to making cheap instant drinks at home
Income Demand Decrease
Widespread economic growth leads to a surge in luxury, international vacations.
Income Demand Increase
The government introduces a massive new financial payout for farmers who grow crops used to make ethanol. (Corn makes ethanol)
Government Subsidies Supply Increase
Rumors spread on the news that next year’s car models will be discounted by 30%.
Consumer Expectations Demand Decrease
Phone manufacturers anticipate the market price of smartphones will drop drastically in three months.
Producer Expectations Supply Increase
Farmers realize they can make significantly more money by planting cocoa instead of coffee
Price of Related Goods Supply Decrease
Travelers hear the news that airfare will be cut in half next month for a holiday promotion.
Consumer Expectations Demand Decrease