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Economics U$A: 21st Century Edition, Unit 1, Markets: Do They Serve Our Needs?
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presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 1 (District of Columbia: Annenberg Learner, 2012), 28 mins

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. In 2009, rookie pitcher phenomenon Stephen Strasburg si...

presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 1 (District of Columbia: Annenberg Learner, 2012), 28 mins
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Economics U$A: 21st Century Edition, Unit 7, Oligopolies: Whatever Happened to Price Competition?
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presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 7 (District of Columbia: Annenberg Learner, 2012), 28 mins

Competition with General Motors eventually rendered Ford's single-option Model-T obsolete. In 1959, a reporter for the Knoxville News-Sentinel discovered a price-fixing scandal between three big-name electric companies in each of their closed bids to the Tennessee Valley Authority. In the late 1970s, President Jim...

presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 7 (District of Columbia: Annenberg Learner, 2012), 28 mins
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Economics U$A: 21st Century Edition, Unit 13, Public Goods and Responsibility: How Far Should We Go?
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presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 13 (District of Columbia: Annenberg Learner, 2012), 28 mins

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 Admin...

presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 13 (District of Columbia: Annenberg Learner, 2012), 28 mins
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Economics U$A: 21st Century Edition, Unit 20, The Banking System: Why Must It Be Protected?
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presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 20 (District of Columbia: Annenberg Learner, 2012), 29 mins

The Knickerbocker Bank's failure led to the Bank Panic of 1907, and ultimately inspired a need for a central bank. When thousands of banks failed in the 1930s, President Roosevelt declared a National Bank Holiday closing individual banks, and created new regulatory agencies to guard the system. But in the wake of...

presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 20 (District of Columbia: Annenberg Learner, 2012), 29 mins
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Economics U$A: 21st Century Edition, Unit 22, Stagflation: Why Couldn't We Beat It?
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presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 22 (District of Columbia: Annenberg Learner, 2012), 29 mins

1970s America saw a new kind of inflation, based on supply and not demand: "stagflation," caused by Arab oil embargoes and worldwide crop failures. In 1973 President Ford and Fed Chairman Arthur Burns tried to control inflation by choking the money supply. They failed. In the 1990s the U.S. had three ways to ease...

presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 22 (District of Columbia: Annenberg Learner, 2012), 29 mins
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Economics U$A: 21st Century Edition, Unit 24, Federal Deficits: Can We Live With Them?
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presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 24 (District of Columbia: Annenberg Learner, 2012), 28 mins

During WWII, our national debt had more than quadrupled, so government encouraged citizens to buy war bonds and federal stamps to pay some of it off. In 1960 President Eisenhower achieved a surplus and reduced the debt, a feat not repeated until the 1990s. But a large tax cut in 2001, three wars, a down market and...

presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 24 (District of Columbia: Annenberg Learner, 2012), 28 mins
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Economics U$A: 21st Century Edition, Unit 5, Economic Efficiency: What Price Controls?
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presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 5 (District of Columbia: Annenberg Learner, 2012), 28 mins

In preparation for WWII, the Roosevelt administration instituted wage price and price controls to curb inflation and better focus production on war materials. When the Nixon administration set up price controls for beef, farmers attempted to stifle the supply by withholding animals from the markets. Following WWII...

presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 5 (District of Columbia: Annenberg Learner, 2012), 28 mins
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Economics U$A: 21st Century Edition, Unit 10, Profits and Interest: How Do You Get the Best Return?
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presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 10 (District of Columbia: Annenberg Learner, 2012), 28 mins

In response to rising interest rates in the 1970s, the Maryland legislature raised usury ceilings so that more home loans would be available. In December of 1980 Apple Computers went public, affirming four years of hard work with substantial compensation for its founders. Pharmaceutical companies invest millions i...

presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 10 (District of Columbia: Annenberg Learner, 2012), 28 mins
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Economics U$A: 21st Century Edition, Unit 12, Economic Growth: Can We Keep Up the Pace?
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presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 12 (District of Columbia: Annenberg Learner, 2012), 28 mins

By 1916 Henry Ford's assembly line had lowered the price of the Model T to $360, making it affordable and increasing its production exponentially in two years. In 1972 a group of experts known as the Club of Rome issued a report called "The Limits to Growth," predicting that raw materials could run out and world p...

presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 12 (District of Columbia: Annenberg Learner, 2012), 28 mins
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Economics U$A: 21st Century Edition, Unit 25, Monetary Policy: How Well Does it Work?
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presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 25 (District of Columbia: Annenberg Learner, 2012), 29 mins

Federal Reserve Chairman Paul Volker pushed us through two deep recessions using monetary policy and increased interest rates to combat inflation in the 1980s. His successor Alan Greenspan used a different tactic in the early 1990s and 2000s: flood the market with liquidity to prevent freezing. And under Chairman...

presented by David Schoumacher, 1935-; produced by Educational Film Center, in Economics U$A: 21st Century Edition, Unit 25 (District of Columbia: Annenberg Learner, 2012), 29 mins
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