Banking 17: What happened to the gold?

Learn the value of a dollar in this video, which explains the natural transition from the gold standard. Asking viewers if they would trust gold or the U.S. Government, Sal explains how the concept of wealth has shifted and adapted throughout our economic history.

Concepts

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gross domestic product, wealth

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Additional Tags

gdp, gold standard, wealth, reserve bank, open market transactions, math

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Resource Details

Grade

9th - Higher Ed

Subjects

Math

2 more...

Resource Type

Instructional Videos

Media Length

10:13

Audiences

For Teacher Use

1 more...

Instructional Strategy

Flipped Classroom

Accessibility

Closed Captions

Usage Permissions

Creative Commons

BY-NC-SA: 3.0