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Lessons & Activities
1 Hour+
Measuring the Great Depression
OVERVIEW
This lesson illustrates the differences between modern economic measurements such as GDP, CPI, and the unemployment rate, and the measurements available throughout history. Students review primary source materials from FRASER®, the Federal Reserve Bank of St. Louis digital library of economic history.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
0-15 MIN
Definition of GDP
Provide a definition of GDP, what it measures, and how it is calculated.
MODULES
16-30 MIN
GDP: What Is It?
Define GDP, explain its components, and define per capita GDP
READING Q&A
16-30 MIN
Minding the Output Gap: What Is Potential GDP and Why Does It Matter?
This issue of Page One Economics® explains how the output gap is useful for checking the health of the economy.
LESSONS & ACTIVITIES
1 HOUR+
Money for Nothing: Economic Affluence in Postwar America
Analyze and create arguments as to which economic forces contributed most directly to the overall growing economy after WWII.
LESSONS & ACTIVITIES
0-15 MIN
Analyzing the Elements of Real GDP in FRED Using Stacking Activity
Graph gross domestic product's (GDP) components over time.
More in This Series
CURRICULUM UNITS
The Great Depression
Understand the Great Depression and its impact on the economy.
LESSONS & ACTIVITIES
1 HOUR+
What Do People Say
Identify and analyze suggested causes of the Great Depression.
LESSONS & ACTIVITIES
1 HOUR+
What Really Caused the Depression?
Determine that banking panics and shrinking money supply caused the Great Depression.
LESSONS & ACTIVITIES
1 HOUR+
Dealing with the Depression
Examine statistical data related to the Great Depression.
LESSONS & ACTIVITIES
1 HOUR+
Turn Your Radio On
Identify economic problems using Franklin Delano Roosevelt's "fireside chats".
LESSONS & ACTIVITIES
1 HOUR+
Could It Happen Again
Learn about the role of the Federal Reserve System in the context of the Great Depression.
