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    Social Studies · Economics

    D2.Eco.11.3-5: Understand inflation, deflation and unemployment.

    Official text

    Individually and with others, students… Explain the meaning of inflation, deflation, and unemployment.

    Not a focus of Third Grade's lessons, so no weeks are listed.

    What it means for your child

    This standard asks children to explain what inflation, deflation and unemployment mean. Third Grade's lessons do not focus on it.

    Try it at home

    1. Talk about how the price of a favorite snack has changed since you were young.
    2. Ask, 'What happens when people who want to work cannot find a job?'
    3. Compare old store ads with today's prices.

    Weeks covered: —

    Unit tests: —