Free Market

Supply and Demand: What sets the price? (2012)

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A two-year drought in California in the 1970s motivated areas such as Marin County to conserve by reducing their water consumption by as much as 66 percent. Following the Arab oil embargoes of 1973, the Nixon Administration latched onto the “world price” of “new” oil, encouraging domestic oil suppliers to drill again.

Grade Level: 
High
Professional
Length: 
00:29
Supply and Demand: What sets the price?

Northwest Contrast (2003)

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Across Russia's many landscapes, geography influences the problems people face and the solutions they are considering since the dissolution of the Soviet Union. The case study St.

Grade Level: 
High
Professional
Length: 
00:28
Northwest Contrast

Markets: Do They Serve Our Needs? (2012)

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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.

Grade Level: 
High
Professional
Length: 
00:28
Markets: Do They Serve Our Needs?

Economic Efficiency: What Price, Controls? (2012)

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In preparation for WWII, the Roosevelt administration instituted wage price and price controls to curb inflation and better focus production on war materials.

Grade Level: 
High
Length: 
00:28
Economic Efficiency: What Price, Controls?

Public Goods and Responsibility: How Far Should We Go? (2012)

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In 1937 the Tennessee Valley Authority (TVA), a government-owned utility company, was created to electrify rural communities and control flooding. 1965 marked the first U.S. attempt at national health insurance in the passage of Medicare and Medicaid. In response to 9/11, the U.S.

Grade Level: 
High
Length: 
00:28
Public Goods and Responsibility: How Far Should We Go?