Whether studying history or economics it is critical to understand what inflation and deflation are and how they impact consumer behavior. This lesson will explain these phenomena, and let students play a game that demonstrates how they change people’s actions. How does the game work? I talk about that here.
This lesson is appropriate for general US/World history classes or in an economics course.
Check out my other simulations!
Partition of India, Kashmir, and the Princely States Simulation
Vietnam Debate and Simulation
Traveling the Silk Road Simulation
Feudalism and Manorialism Simulation
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