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Economics U$A. 13, Public goods and responsibility : how far should we go?

Author: David Schoumacher; Nariman Behravesh; Richard T Gill; Educational Film Center (Annandale, Va.),
Publisher: District of Columbia : Annenberg Learner, 2012.
Edition/Format:   eVideo : Clipart/images/graphics : English : 21st century edition
Summary:
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. Transportation and Security Administration replaced private security firms with federal employees. A perfectly competitive market does  Read more...
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Details

Genre/Form: Documentary television programs
Material Type: Clipart/images/graphics, Internet resource, Videorecording
Document Type: Internet Resource, Computer File, Visual material
All Authors / Contributors: David Schoumacher; Nariman Behravesh; Richard T Gill; Educational Film Center (Annandale, Va.),
OCLC Number: 1052765393
Language Note: In English.
Notes: Title from resource description page (viewed August 14, 2018).
Performer(s): Correspondent, David Schoumacher ; economists, Nariman Behravesh, Richard T. Gill.
Description: 1 online resource (28 min.)
Other Titles: Public goods and responsibilities
Economics USA
Economics United States of America
Responsibility: a production of EFC.

Abstract:

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. Transportation and Security Administration replaced private security firms with federal employees. A perfectly competitive market does not always provide the right amount of goods, so government fills the gap with public goods. The debate on just how much the government should produce is highlighted in these stories.

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