Take Your Choice -- Substitution

Duration: 600

Year Published: 1970

Creator: Canadian Council on Economic Education

Complete Record: Discusses the applications of the economic concept of substitution to the area of consumers and the marketplace. Business is slow at Dougherty's store and the family must make a variety of substitutions to get by. Deals with making substitutions due to economic necessity. Young Canadian farm boy learns the value of a horse. Covers concept of supply and demand.