Focus: Understanding Economics in U.S. History - Lesson Details
Lesson 27: Free Silver or a Cross of Gold?
The students view a series of visuals to learn about the money controversy of the last decades of the nineteenth century. They conduct a simulation activity designed to show why proponents of the Greenback and Free Silver movements believed that an increase in the money supply would raise prices.
Deflation, Fixed cost, Gold standard, Index numbers, Inflation, MoneyNational Content Standards in Economics: