The first Thanksgiving in Plymouth, Mass., probably didn't resemble the modern holiday we celebrate today. Economics correspondent Paul Solman steps back in time to explore the contrasting exchange models used by Native Americans and pilgrims in 1621 and how that alters the meaning behind the first act of giving thanks.

This video is from the Making Sen$e with Paul Solman video series from PBS. Learn more about these videos and view a listing of the most recent videos we have available.

Key Concepts

Barter, Choice, Cost/Benefit Analysis, Definition of Money, Trade

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INTERACTIVE TOOL REVIEWS

  • “I enjoyed viewing this video because Paul really provides insight into how the pilgrims lived and used resources.”

    Lauren C., Fayetteville, AR   POSTED ON February 3, 2014

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