What Did It Cost 100 Years Ago?
Return to Were In the Money: Lessons for Teaching About Money addthis_pub = ‘lwrubel’; addthis_logo = ‘http://www.addthis.com/images/yourlogo.png’; addthis_logo_background = ‘EFEFFF’; addthis_logo_color = ‘663399’; addthis_options = ‘ email, favorites, digg, delicious, myspace, facebook, google, live, more’; addthis_localize = {email_caption:’Email Article’,email:’Email Article’,favorites:’Favorites’}; Subjects Arts & Humanities Educational Technology Mathematics • Algebra • Applied Math • Arithmetic • Statistics Social Studies • Economics • Geography • History • U.S. History Grades • 3-5 • 6-8 • 9-12 • Advanced Brief Description Students compare prices of goods across the century in this lesson that introduces the concept of inflation. Objectives Students will • understand the concepts of inflation and Consumer Price Index (CPI). • use online calculators to figure the approximate cost of goods across the years. • create a graph or table to illustrate data. Keywords data, consumer, mon
