Economics: The Production, Distribution, and Consumption of Goods and Services: Needs and Wants DVD

United Learning

SKU: DC024197
Format: DVD
Grade Level:
Runtime: 14
Copyright: 1996

Alt Formats:
Teacher's Guide

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This program defines the three basic needs common to humanity: food and water, shelter, and clothing. This program examines how a market economy works to satisfy wants. Students learn that the principle of "opportunity cost" governs the use of resources to satisfy wants and needs.