Unintended Consequences
Analyze the costs, benefits, and unintended consequences of various government policies.
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In this lesson, use excerpts from Franklin Delano Roosevelt's "fireside chats" to identify his plans for restoring the economy. Students identify and evaluate a current economic problem and apply the strategy of FDR to promote and build confidence in a proposed solution.
Unintended Consequences
Analyze the costs, benefits, and unintended consequences of various government policies.
The Arsenal of Democracy: The United States in WWII
Learn about resource scarcity on the World War II home front.
The Panic of 1907: J.P. Morgan and the Money Trust
Define bank run, bank panic, monopoly, and central bank, using the historical context of the Panic of 1907.
The Great Depression
Understand the Great Depression and its impact on the economy.
Measuring the Great Depression
Describe how we measure the economy’s health with tools such as gross domestic product (GDP), the unemployment rate, and the consumer price index (CPI).
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.
Could It Happen Again
Learn about the role of the Federal Reserve System in the context of the Great Depression.
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