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by Foundation for Economic Education

1. What is value?

2. What is the difference between creating value and creating work?

3. Why do people engage in production? In other words, what is the ultimate purpose of production?

4. How does the entrepreneur create a job by creating value?

EoE: 2.2.A - How to Create Value, Not Just Work

Americans are searching for answers that will lead to lasting, quality jobs. Economics professor Benjamin Powell explains that past failures of jobs programs show that addressing the symptom instead of the disease has yet to lead to real job growth. Instead of talking about jobs programs, what needs to be discussed is how to provide the right environment for growth. This video is included as part of a 40-lesson course on the Economics of Entrepreneurship available now for teachers and students at no charge at FEE.org/Courses.

from 2.2.A How to Create a Job- Creating Value, Not Just Work (2016)
Creator: EconomicFreedom.org
Posted by Foundation for Economic Education
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