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
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Films on Demand
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