In this lesson, the students read a brief passage that poses the mystery, "How did the Great Depression happen?" As detectives, they gather clues using the Internet to investigate the mystery through a series of clue sheets. In the first step they complete a retrieval chart to summarize information about the consumer price index, unemployment rate, federal spending, and US and world events that have economic and political implications. Next, working in groups, they then do additional research on the Internet focusing on information on the economic conditions of the country looking at labor, income, unemployment, government spending, and the public debt. Then you will read three articles on some of the top economic events of the century, including Henry Ford 's impact, the Federal Reserve System's role in the economy, and the stock market crash of 1929. Finally, they complete an interactive web model that demonstrates the interdependence of a market system.
According to Gallup, Americans have considered the state of the economy "among the most important U.S. problems" since 2008. The issues frequently debated leading up to any presidential campaign include many economic issues such as improving the economy, how to reduce unemployment, the federal deficit, and taxes. Similar topics have highlighted many of the debates leading up to the 2016 election. During the party nominating conventions in presidential election years, each political party creates a party platform reflecting its values, aims, and principles. These documents frequently give detailed insight into how presidential candidates perceive economic issues and what their priorities are when/if they get elected. This kind of information helps voters better understand the differences between candidates so they can cast their ballots for the candidate who most closely reflects their stance on the major issues.
ESSENTIAL DILEMMA What level of medical care should the federal government provide for the elderly, and what trade-offs are we willing to make to provide that care?
The following lessons come from the Council for Economic Education's library of publications. Clicking the publication title or image will take you to the Council for Economic Education Store for more detailed information.
This publication contains 20 lessons designed to provide an economic insight into topics typically covered in may civics and government classes.
12 out of 21 lessons from this publication relate to this EconEdLink lesson.
Focus: Understanding Economics in U.S. History uses a unique mystery-solving approach to teach U.S. economic history to your high school students.
11 out of 40 lessons from this publication relate to this EconEdLink lesson.
This publication helps students analyze energy and environment issues from an economics perspective.
6 out of 10 lessons from this publication relate to this EconEdLink lesson.