|photo credit: Money via photopin (license);|
Measuring Worth Website: This is a great website I used a lot to compare prices at different time periods. There is also a lot of background information on how the numbers are determined and several historical examples to look through. I've found this a very trustworthy and great website to use to help s
iOS App Inflation Calculator: This is an app that works as another great tool to adjust for inflation of currency. I've found myself using this app in class when students ask me during a lesson. It's pretty easy to pull out my phone and do a quick comparison.
|If a man in the North paid $300 to avoid the Draft |
during the Civil War, what would the cost be today?
Here are some good YouTube Videos that talk about how money works.
What Gives A Dollar Bill Its Value? A TED-ED Video
Explaining Inflation by Wall Street Survivor
What is Money? by Economic Detective
That Film About Money by We The Economy
What are some resources you use to help students learn about money? I would love to hear about them in the comments section below.