Eighth graders learn why prices rise over time — inflation — and what it means for their money. When prices go up, the same dollar buys less. Saving with interest or investing helps money keep its value.
Students will be able to…
Why does the same candy bar cost more than it did years ago? It’s called inflation. What is it, and why does it matter?
Project each item and have students answer about inflation.
Tap any phase to open the teacher moves and student actions.
Why does the same item cost more over time? It’s inflation — what is it?
Students explore.
Students practice.
Students apply.
Students close.
Aligned to the C3 Framework (Economics) & the National Standards for Personal Financial Education.
Explain the economy & prices.
Connect inflation to saving.
Explain purchasing power.
Draw conclusions about money over time.
Preview the three formative checks. Tap “Sample answer” to see what mastery looks like — hide them before you print for students.
Have students give an example of inflation and explain what it does to purchasing power. A printable inflation sheet is in the Social Studies library.
Tap a card to flip it, then rate whether you knew it. Built from this lesson’s vocabulary.
A quick self-check with instant feedback, drawn from this lesson’s key terms.
A print-and-go review sheet with a built-in answer key. Tap “Show answer key” to reveal answers, or print the clean version for students.