Making Sen$e with Paul Solman
Paul Solman Explores The 'Paradox of Thrift'
Paul Solman examines how the consumers who decide to save their money instead of spending it may exacerbate the effects of the economic downturn.
This video is from the Making Sen$e with Paul Solman video series from PBS. Learn more about these videos and view a listing of the most recent videos we have available.
Key Concepts
Aggregate Demand (AD), Economic Growth, Saving, Consumption, Consume, Spend
OTHER RELATED LESSONS
In May 2002, delegates from governments, international companies, and financial institutions met at a United Nations conference in Tehran to discuss the reconstruction of Afghanistan. Afghanistan's officials say that to create a viable economy and a stable society, the country must recreate basic...
Grades 6-8, 9-12
Advancements in transportation have played a key role in the growth of our nation. U.S.government policies have also had a considerable impact on the development of transport as we know it today. In this series of three lessons,the students examine transportation and its impact on our nation (and...
Grades 6-8, 9-12
When Henry Ford announced he was going to produce an automobile that would be affordable to the masses, it is doubtful even he realized the far reaching impact such an achievement would have on life in the U.S. and eventually, the world. Ford’s use of mass production strategies to manufactu...
Grades 6-8, 9-12
This lesson helps students understand the basic services provided for Americans in the United States Constitution and the necessity of a system of taxation to fund those services. Students will debate the pros and cons of having governments fund and provide particular services.
Grades 6-8, 9-12
This lesson focuses on the April 26, 2013, first (advance) estimate of U.S. real gross domestic product (real GDP) growth for the first quarter (Q1) of 2013, as reported by the U.S. Bureau of Economic Analysis (BEA). The current data and historical data are explained. The meaning of GDP and poten...
Grades 9-12
INTERACTIVE TOOL REVIEWS
Be the first to review this interactive tool!
Add a Review
