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ECONOMICS: April 18 Economics Learning Target In order to understand the features of modern banking, I will analyze the shift of the valuing of U.S. currency.

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Presentation on theme: "ECONOMICS: April 18 Economics Learning Target In order to understand the features of modern banking, I will analyze the shift of the valuing of U.S. currency."— Presentation transcript:

1 ECONOMICS: April 18 Economics Learning Target In order to understand the features of modern banking, I will analyze the shift of the valuing of U.S. currency based on a gold standard to the use of fiat money controlled by the Federal Reserve. I will know I have it when I can explain the advantages and disadvantages of a gold standard. Ch. 10, Section 2 Lesson Guide (HO) Warm-up See, Think, Wonder (see next slide—answer on notebook paper) Pre-Reading Read pp (gold standard) Fiat Money Explained (2:10) Closure Money and Finance (through 4:48) Post-Reading Read pp (Creation of the Fed) Assignment Read Ch. 16, Lesson 1

2 Chapter 10, Lesson 2 What do you see? What do you think about that? What does it make you wonder? I see I think I wonder Learning Target In order to understand the features of modern banking, I will analyze the shift of the valuing of U.S. currency based on a gold standard to the use of fiat money controlled by the Federal Reserve. I will know I have it when I can explain the advantages and disadvantages of a gold standard. Going forward 100% of lessons at Madison should include a learning goal that addresses the why, what, and how. Why are we learning this?  In order to… What will I do?  I will… How will I show you that I have learned it? I will know I have it when… Student learners should know what the goal is every day.  Remember, a learning goal should be more than something just written down on the board.


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