12
Lesson 12
Mansa Musa: Inflation Then and Now
Students participate in two auctions to gain an understanding of the concept of inflation. They use what they've learned about inflation to explain the impact Mansa Musa had on Egypt during his hajj, or pilgrimage, to Mecca. Finally, students look at a Middle School Consumer Price Index for two time periods and draw conclusions about how inflation can affect consumers.
Concepts
- Consume
- Consumer Price Index (CPI)
- Inflation
- Purchasing Power
Standards in Economics and Personal Finance
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