Circular Flow
Visualize the circular flow diagram.
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This lesson illustrates the differences between modern economic measurements such as GDP, CPI, and the unemployment rate, and the measurements available throughout history. Students review primary source materials from FRASER®, the Federal Reserve Bank of St. Louis digital library of economic history.
Circular Flow
Visualize the circular flow diagram.
Definition of GDP
Provide a definition of GDP, what it measures, and how it is calculated.
GDP: Policy
Investigate the options for policymakers to improve real GDP.
How Do Imports Affect GDP?
Learn how imports are calculated in GDP.
Money for Nothing: Economic Affluence in Postwar America
Analyze and create arguments as to which economic forces contributed most directly to the overall growing economy after WWII.
Gross Domestic Product
Visualize the components of Gross Domestic Product (GDP).
The Great Depression
Understand the Great Depression and its impact on the economy.
What Do People Say
Identify and analyze suggested causes of the Great Depression.
What Really Caused the Depression?
Determine that banking panics and shrinking money supply caused the Great Depression.
Dealing with the Depression
Examine statistical data related to the Great Depression.
Turn Your Radio On
Identify economic problems using Franklin Delano Roosevelt's "fireside chats".
Could It Happen Again
Learn about the role of the Federal Reserve System in the context of the Great Depression.
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