Episode 9: Society’s PPC

This lesson shows the Production Possibilities model as it applies to a society’s decisions. “Episode 9: Society’s PPC” by Dr. Mary J. McGlasson is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Video Rating: 4 / 5

8 thoughts on “Episode 9: Society’s PPC

  1. This is the only video that I don’t like bc of the comment that the govt decides where on society’s PPC we produce. In the example given, the govt does decide the allocation of govt spending, but the video gives the impression that the govt decides where we produce on “Society’s PPC.” Which they do not, they definitely have significant influence, but we are not a command socialist economy, we are a market capitalism economy where production decisions are decentralized. Just my interpretation…

Leave a Reply