Overview
Inflation is rising rapidly in America and citizens are upset. Is inflation caused by corporate greed or bad government policies? This video highlights how government spending causes inflation and explains that price controls hurt rather than help the economy.

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Lesson Insights

Grade level and subjects
• Recommended for grades 6-12
• Subjects: Business, Government, and Economics
• Works in Classroom, Hybrid, and Homeschool settings

What students will learn
By the end of this lesson, students will be able to:
• define inflation;
• identify some causes and consequences of inflation;
• explain the relationship between government spending, money supply, and inflation; and
• evaluate the potential impacts of government interventions, such as price controls and government spending, on the economy and consumers.

Key concepts and terms covered
Inflation, Price Controls, Price Gouging, Purchasing Power, and Transitory.

Sample discussion questions
• What is inflation?
• In what ways are you and your family are currently impacted by inflation?
• Why do some politicians attribute rising prices to corporate greed, and what are the potential flaws in this argument?
• How does inflation impact the value of money and its consequences for both spending and saving?
• How do price changes serve as signals and information in the economy, and why is it important to maintain flexible pricing?

What’s in the free teacher’s guide
This printable 9-page Teacher's Guide includes a lesson description, learning objectives, key vocabulary, a fill-in viewing guide with answer key, discussion and analysis questions, and classroom activities.

Standards alignment
Aligned to state standards — use the SITC Standards Tool to match this video to the standards in your state.