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The Invention of the Price Tag

March 14, 2018 by Jon Firooz Leave a Comment

The video linked here is a short 3 minute video sourced from NPR’s Planet Money.  It provides a brief, entertaining perspective on the history of the price tag.  Students may be surprised to know that haggling was standard practice in this country for many years.  The video does a good job of discussing not only the change itself but also various factors that led to the change – ethical considerations and issues with scale.

 

 

Filed Under: Chapter 17, Chapter 19 Tagged With: ethics, haggling, price tags, pricing

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