Other Economic Systems

Series: Economics for the Concerned Citizen Series

Duration: 0:30:00

Year Published: 1970

Creator: National Educational Television: Distributor | U of Nebraska Television | UNational Educational TelevisionV

Format: 16mm

Color: B&W

Sound: sound

Description: Explains that the allocation of scarce resources is basic in all economic systems, but the method employed varies. Defines world economics as primarily tradition, command or market oriented, emphasizing that none exist in a pure state. Contrasts the Soviet economic system with the American, pointing out that both ultimately strive for profits.

Complete Record: , Explains that the allocation of scarce resources is basic in all economic systems, but the method employed varies. Defines world economics as primarily tradition, command or market oriented, emphasizing that none exist in a pure state. Contrasts the Soviet economic system with the American, pointing out that both ultimately strive for profits.NOTE: Two (or more) records have been merged together to create this data.


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