Benjamin Franklin Lesson
April 12, 2010
In this lesson to accompany Benjamin Franklin and the Birth of a Paper Money Economy, high school students learn about the role of money in the colonial economy by participating in activities in which they observe the effects of too little money on trade, learn more about how a land bank would work, and discover how too much money can lead to inflation. They also learn about the difficulties associated with barter; the characteristics and functions of money; coincidence of wants; and money as a medium of exchange, store of value, and unit of account.
-
Additional Resources
