Coronavirus is Decimating the Meat Industry Could it Cause a Shortage - TLDR News

The video discusses the impact of the COVID-19 pandemic on the global meat industry, highlighting issues such as supply chain disruptions, worker shortages, and slaughterhouse closures. It examines government interventions, including the invocation of the Defense Production Act (DPA) to keep meat processing plants open. The video also explores the economic implications for consumers and farmers, with potential meat price increases and financial challenges for farmers. It concludes with a discussion on the ethical dilemmas and future considerations for the industry.

What economic principle explains the expected rise in meat prices due to scarcity?

What dilemma do slaughterhouses face during the pandemic according to the text?