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AS Micro: It’s a Wonderful Life! (with capitalism)

Ben Christopher

28th October 2012

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Entertaining and brief video clip below looking at the differences between free market and the planned economy. Could be used to reinforce students ability to distinguish between some of the advantages and disadvantages of allowing the profit motive to be one of the deciding factors in the way resources are allocated and how it leads to greater choice for us.

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Ben Christopher

Now teaching in Dubai.