Markets
Description
The return of U.S. troops from overseas following World War II created a massive demand for cheap housing. Rising labor and energy costs in the United States in the '60s and '70s forced domestic steel manufacturer NUCOR to find ways to lower production costs. In 2009, rookie pitcher phenomenon Stephen Strasburg signed the largest rookie contract in baseball history. These stories show how a well-functioning free market pricing system determines how producers manufacture goods, what they will pay, what goods will be manufactured, and for whom the goods will be produced.
Runtime
27 min 56 sec
Series
Subjects
Geography
Database
Films on Demand
Direct Link
Similar Films
Matt Faso Expresses Surprise At How The Same Job Can Dramatically Change Over Time
Passion to Portfolio. Episode 7
Vanessa Morse Discusses Issues With Low Emotional Intelligence
Nomads. Steppe Riders in Kyrgyzstan
Steve Shapiro Discusses Angels And VCs
Maria Pacheco Discusses Cornell Experience And Background
The 51st state. America's working poor
Jim Turley Discussion Decisions That Impact Women
The Future of Energy
Greg Galvin Discusses Challenge of Firing Employees
John Hui Discusses Sales Pipeline
Capitalism. Karl Polanyi, the human factor. Part 6
Caitlin Strandberg States Making Lists And Holding Self Accountable Can Help Control Inner Critic
All About Economics and Business 1
The New Italian Job