Perfect Competition & Inelastic Demand

Perfect Competition & Inelastic Demand

Streaming Video - 2012
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Farmers lured into producing massive food surpluses for WWI could no longer profit when the war ended and demand plummeted. After 1933, President Franklin D. Roosevelt sought to improve the conditions of farmers via policies in his New Deal plan. Government subsidies later allowed for corporate ownership of a majority of farmers. The Freedom to Farm Bill of 1996 gave farmers a little more maneuverability, but for the most part farmers are still held to the fluctuating demand statuses of large competitive firms.
Publisher: [Place of publication not identified] : Annenberg Learner (Firm), [2012]
Edition: 21st Century Edition
Copyright Date: ©2012
Characteristics: video file,rda
1 online resource (1 video file (27 min., 48 sec.)) : color and sound

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