As the global economy roars back after two years of lockdowns due to the COVID-19 pandemic, supply chains are getting congested, causing consumers to find many products they want to be out of stock, or with higher price tags.
The snarls on supplies have impacted all kinds of things: from cables, to cars, to appliances, to even Halloween costumes.
On top of that, there’s also an ongoing shortage of microchips – key components in laptops, cell phones, cars. Anne Gaviola explains how the global supply chain system works and how this crisis happened.
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