What is the difference between money and bartering, and how is money valued when considering inflation? Delve into the correlation between these fundamental components of economics with this detailed resource, which consists of reading materials, a activity, and great ideas for extension lessons.

Concepts

bartering, currency, inflation, money

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Additional Tags

store of value, unit of account, bartering, inflation, hyperinflation, money, currency, social studies

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Instructional Ideas

• Have learners include sentences and images to correspond with the provided glossary of terms

Pros

• Includes extension lessons on the effects of bartering on search costs and specialization, with step-by-step instructional guidelines for each lesson

Cons

• None

Common Core

RH.11-12.1 RH.11-12.2 RH.11-12.4