thumbnail of American Business System; 1; The Role of the Market
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Series
American Business System
Episode Number
1
Episode
The Role of the Market
Producing Organization
Arthur Lodge Productions, Inc.
Contributing Organization
Library of Congress (Washington, District of Columbia)
AAPB ID
cpb-aacip/512-v40js9j90h
NOLA Code
AMBS
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Description
Episode Description
The subject here is the market - what it is and how it operates. The forces of supply and demand are examined at length. In particular, the program examines the market, the place where supply and demand meet to determine price and shows the effects on the market of a loss in demand for a product. To examine how supply and demand works, the viewer is taken to a used automobile auction and a produce auction, as well as to a drug department store and a television service repair shop. The buyers at these auctions buy goods "that will sell - at a profit." "It's this hope of making a profit that motivates our business system," the program concludes. (Description adapted from documents in the NET Microfiche)
Series Description
The ten half-hour episodes illustrate how the market system functions in the United States. The series considers the history of the system as it developed in this country, shows how the system fostered technological advances, and how it utilized the nation's resources in spurring economic growth. In its consideration, the series examines the functions of management, with particular emphasis on the fields of production, marketing and finance. It explores the influences of government on the market system and concludes with a consideration of the effects of the market system on the individual. In the course of filming the series, the camera's recorded scenes at industrial plants, stores, shops, parks, airports, farms, mines, museums. The American Business System is a production of Arthur Lodge Productions, Inc. of New York City. The series was produced under a grant from the National Association of Manufacturers. Host Jack Gwyn is emcee of WLW-Radio's (Cincinnati) early morning show, "Clockwatcher," and emcee of "Ladies Aid," a show of general commentary and good music. Gwyn majored in economics at the University of Texas. He began his radio career at KTBC, Austin. The 10 half-hour episodes that comprise this series were originally recorded on videotape. (Description adapted from documents in the NET Microfiche)
Broadcast Date
1963-01-27
Asset type
Episode
Topics
Economics
Education
Business
Media type
Moving Image
Credits
Content Supervision: Bradford, William C. (William Castle)
Content Supervision: Weiler, E. T.
Content Supervision: Wallis, W. Allen (Wilson Allen), 1912-1998
Content Supervision: Lovenstein, Meno
Content Supervision: Robertson, Ross M.
Director: Lodge, Arthur
Host: Gwyn, Jack
Producing Organization: Arthur Lodge Productions, Inc.
Writer: Lodge, Arthur
AAPB Contributor Holdings
Library of Congress
Identifier: 2312282-1 (MAVIS Item ID)
Format: 16mm film
Generation: Copy: Access
Color: B&W
Indiana University Libraries Moving Image Archive
Identifier: [request film based on title] (Indiana University)
Format: 16mm film
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Citations
Chicago: “American Business System; 1; The Role of the Market,” 1963-01-27, Library of Congress, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC, accessed November 18, 2024, http://americanarchive.org/catalog/cpb-aacip-512-v40js9j90h.
MLA: “American Business System; 1; The Role of the Market.” 1963-01-27. Library of Congress, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Web. November 18, 2024. <http://americanarchive.org/catalog/cpb-aacip-512-v40js9j90h>.
APA: American Business System; 1; The Role of the Market. Boston, MA: Library of Congress, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Retrieved from http://americanarchive.org/catalog/cpb-aacip-512-v40js9j90h