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\nWhat is Inflation?\n

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\n\nPublisher:\n\nWonderscape\n\n\n
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\nInflation happens when money loses its value over time, making prices go up. This can happen in three main ways: demand-pull inflation (when people want more goods than are available), cost-push inflation (when it costs more to make...\nInflation happens when money loses its value over time, making prices go up. This can happen in three main ways: demand-pull inflation (when people want more goods than are available), cost-push inflation (when it costs more to make products), and built-in inflation (when wages go up to keep up with rising prices, which can make prices rise even more). Inflation affects everyday life by making things more expensive, leading to discussions about how to manage wages and prices. Money Kids: Why is Everything More Expensive part 1\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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4:25
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Grade
K - 5th
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nWonderscape\n\n
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Date
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2022
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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inflation, prices, time, demand, money, economists, economy, cost
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Additional Tags

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inflation for kids, economics for kids, understanding inflation, what is inflation, us economics, economic basics, money kids, understanding money, beginner finance, what causes inflation?, chocolate bar, highest inflation, inflation occurs, occurs, supply, ways, people, good, happen, increase, word, fact, rate, costs, suddenly, dollar, theory, factory, price, built, lead, employees
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Classroom Considerations

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Best For: Explaining a topic
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