The business of america is big business. Large and crucial industries are dominated by a few powerful companies which have grown with the economy and rewritten the rules of competition. What are the economic and legal rules these Companies Live by . What has big Business Done for and to the consumer . Whatever happened to price competition . With the help of economic analyst richard gill well examine these questions on this edition of economics u a. Im david schoumacher. Theres no business bigger than the auto business. If youve shopped for a car recently this is a familiar sight. It looks like real competition a variety of products at a variety of prices. But is what you see what you get . It was when you bought one of henry fords model ts. Henry ford didnt invent the car, and he didnt invent the assembly line, but he brought the two together and gave america its first massproduce and masspurchased car. Ford was an inventor and mechanic by trade, and no effort was spared to improve th
From the hazards of competition. Have 25 years of deregulation been an improvement . To paraphrase calvin coolidge, the business of america is big business. Large and crucial industries are dominated by a few powerful companies which have grown with the economy and rewritten the rules of competition. What are the economic and legal rules these Companies Live by . What has big Business Done for and to the consumer . Whatever happened to price competition . With the help of economic analyst richard gill well examine these questions on this edition of economics u a. Im david schoumacher. Theres no business bigger than the auto business. If youve shopped for a car recently this is a familiar sight. It looks like real competition a variety of products at a variety of prices. But is what you see what you get . It was when you bought one of henry fords model ts. Henry ford didnt invent the car, and he didnt invent the assembly line, but he brought the two together and gave america its first m
Some say the days of our Economic Growth are numbered that soon there wont be enough basic raw materls. Are the prophets of doom correct . This has been americas century. Giant steps of Economic Growth have taken us from the auto age to the space age. Our Real Gross National Product has increased tenfold. Our real income per person has tripled. Can we keep up the pace . With the help of analyst richard gill well examine that question on this edition of economics usa. The improvement in our standard of living can be tied to our Economic Growth since 1900. Average workers enjoy three times as many goods. All of this because of a continuing increase in productivity, the engine of growth. 70 years ago in the Auto Industry a productivity revolution took off. How did it begin . Why was it successful . Turn of the century autos were playthings of the rich. Their purpose was not wholly clear. Perhaps they were best in static pose. Certainly, Auto Industry growth was static. Dozens of models de
Have 25 years of deregulation been an improvement . To paraphrase calvin coolidge, the business of america is big business. Large and crucial industries are dominated by a few powerful companies, which have grown with the economy and rewritten the rules of competition. What are the economic and legal rules these Companies Live by . What has big Business Done for and to the consumer . Whatever happened to price competition . With the help of economic analyst richard gill, well examine these questions on this edition of economics u a. Im david schoumacher. Theres no business bigger than the auto business. If youve shopped for a car recently, this is a familiar sight. It looks like real competition, a variety of products at a variety of prices. But is what you see what you get . It was when you bought one of henry fords model ts. Henry ford didnt invent the car, and he didnt invent the assembly line, but he brought the two together and gave america its first massproduced and masspurchased
Are dominated by a few powerful companies, which have grown with the economy and rewritten the rules of competition. What are the economic and legal rules these Companies Live by . What has big Business Done for and to the consumer . Whatever happened to price competition . With the help of economic analyst richard gill, well examine these questions on this edition of economics u a. Im david schoumacher. Theres no business bigger than the auto business. If youve shopped for a car recently, this is a familiar sight. It looks like real competition, a variety of products at a variety of prices. But is what you see what you get . It was when you bought one of henry fords model ts. Henry ford didnt invent the car, and he didnt invent the assembly line, but he brought the two together and gave america its first massproduced and masspurchased car. Ford was an inventor and mechanic by trade, and no effort was spared to improve the car and to improve the process by which it was built. The tin l