Economics U$A. how far should we go? / 13, Public goods and responsibility :
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...
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Full text (MCPHS users only) |
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| Other Authors: | , |
| Format: | Electronic Video |
| Language: | English |
| Published: |
District of Columbia :
Annenberg Learner,
2012
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| Edition: | 21st century edition. |
| Subjects: |
MARC
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| 511 | 0 | |a Correspondent, David Schoumacher ; economists, Nariman Behravesh, Richard T. Gill. | |
| 520 | |a 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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