A Lesson to Accompany "Benjamin Franklin and the Birth of a Paper Money Economy"
Students examine the role of money in the colonial economy by participating in a trading activity. In this colonial economy lesson, students complete an activity to learn about colonial trade and what happens when there is a lack of money. Students research the difficulties associated with barter and read a booklet "Benjamin Franklin and the Birth of a Paper Money Economy" to learn about Franklin's role for money in the economy. Students study land banks and inflation.