The Operation of an Economy

Description

Goods and services drive economies. In this program viewers explore the concept of production and how needs and wants are linked to economic growth. The stages of production and the importance of meeting demand are detailed along with specialization, the circular flow of income, the role of the government, and foreign trade. In addition, viewers will see a historical perspective on the concepts.

Runtime

20 min 35 sec

Series

Subjects

Database

Films on Demand

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