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If a country needs more money, they should just print more currency, right? Not exactly. Learn about the economic ramifications of inflation and deflation with an engaging video from Crash Course Economics.
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CCSS:
Adaptable
Concepts
Additional Tags
Instructional Ideas
- Have young economists watch the video at home or on individual tablets for a flipped classroom activity
- Conduct a hands-on inflation experience in an economics class with an increasing amount of play money and limited goods for learners to buy
Classroom Considerations
- Part of a larger series on economics
- Video is over 10 minutes long; consider pausing at key moments to reinforce concepts
- This video is hosted on YouTube
Pros
- Applies real-life examples to common economic questions
- Encourages critical thinking and awareness
Cons
- None