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Material Detail

Economic Growth in the PPC - the capital v. consumer goods tradeoff

Economic Growth in the PPC - the capital v. consumer goods tradeoff

How a country chooses to allocate its resources today can affect how quickly its economy grows in the future. This video explores the tradeoff between current and future consumption a country faces when choosing between the production of capital and consumer goods, and the relationship between this choice and the rate of economic growth

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More about this material

Material Type:
Tutorial
Date Added to MERLOT:
July 13, 2021
Date Modified in MERLOT:
September 16, 2021
Author:
Submitter:
Cathy Swift
Asian American, Native American, Pacific Islander Serving Institution Hispanic Serving Institution
Primary Audience:
College General Ed, College Lower Division, College Upper Division
Technical Format:
Video, Website
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Creative Commons:
No

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