2024年7月8日 · How Your Parents Can Help You Learn More About Inflation and The Economy. Diving into the world of inflation might seem like a big challenge, but your parents are there to help guide you on this exciting adventure. They can simplify complex economic concepts and make learning about inflation fun and enjoyable.

2023年10月16日 · Inflation means that the general level of prices is going up, the opposite of deflation. More money will need to be paid for goods (like a loaf of bread) and services (like getting a haircut at the hairdresser's). Economists measure inflation regularly to know an economy's state.

2024年3月6日 · Discover a kid-friendly guide on how to explain inflation to a child, making a complex economic concept easy to understand for the young minds.

This video explains the concept of inflation in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about it, or used as a money & personal finance resource by parents and teachers as part of a Financial Literacy course or K-12 curriculum.

2024年11月5日 · You’ve likely dealt with the impacts of inflation on your budget, but explaining this economic phenomenon to your children might seem daunting. How do you present this intricate concept to young minds without overwhelming them?

Inflation has been defined as “too much money chasing too few goods.” As prices rise, wages and salaries also have a tendency to rise. More money in people’s pockets causes prices to rise still higher so that consumers never quite catch up. Inflation can go on continuously year after year so long as the money supply continues to increase.

Students learn that if spending grows at a faster rate than the economy’s ability to produce goods and services, inflation will result. This is inflation caused by “too much spending chasing too few goods.” Lesson Author: Scott Wolla, Ph.D., Federal Reserve Bank of St. Louis. Ages: 12 to adult

2023年3月5日 · What is inflation for kids? It’s inflation that affects them directly. In other words, it’s not about the price of cars or gas or even most foods. It’s the price of something they routinely purchase. By focusing on a product your child likes and understands, you can tell the story of inflation in a clear yet simple way. For example, you ...

This video helps children understand what inflation is through the impact it has on their pocket money and what they can buy with that. It also explains what causes inflation and the link between supply and demand. The video targets children aged 9-12 and is a useful tool for teachers and classroom activities. Interested about statistics?

2024年3月20日 · Inflation can be explained to a child by relating it to earning money and purchasing items with an allowance. The U.S. Bureau of Labor Statistics measures inflation using the Consumer Price Index (CPI), which compares the cost of items in a shopping cart to the previous month.