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 a general US or World History class, an Economics or Business course, or when teaching financial literacy.
Questions? Email me at email@example.com
Check out my other Economic lessons!
Flat vs Progressive Income Tax Simulation
DRIP Calculator - Why Would I Reinvest My Dividends?
Distribution of Wealth in America
Interested in more simulations?
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Traveling the Silk Road Simulation
Feudalism and Manorialism Simulation
Cuban Missile Crisis Simulation and Trial
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