The War in Ukraine Has Caused a Food Crisis

Global instability and the war in Ukraine has caused global food shortages and for the developing world this means that people are going hungry. In this video from The Economist, we are learning about the food shortages and why a lack of grain and other agricultural products from Ukraine is causing a cost-rise in food all over the world and in some countries a complete lack of food. A globalized food supply means that often local production isn’t sufficient to keep up with aggregate demand. The global food supply has been unstable since the pandemic shut everything down but now the foodstuffs aren’t even around to be purchased, much less, distributed to people who need them. This is a reason to have more local food supplies but in the mean-time, wealthy nations may need to step in to fill in the gaps.