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Most countries experience an economic slump from time to time. Learn about the ways the Federal Reserve can intervene in a struggling economy before a crisis occurs with a short video from Crash Course Economics that focuses on monetary policy.
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CCSS:
Adaptable
Concepts
Additional Tags
Instructional Ideas
- Have learners watch the video at home for a flipped classroom activity, and encourage them to form five questions about concepts to clarify with peers the next day
- Split the class into pairs and have one person research the 1929 stock market crash, and have the second person research the 2008 recession; prompt them to compare and contrast what they have learned in a peer discussion
Classroom Considerations
- Video opens with a short ad that you can skip
- Comments are open to the public
- Briefly references the Illuminati as a joke, which may be a confusing moment for those who are learning these concepts for the first time
- The 10th video in a series of 35
- This video is hosted on YouTube
Pros
- Length is good for a homework assignment or short addition to an economics lecture
- Lends well to a discussion on the influence of politics on the economy
Cons
- None