How Inflation Works

How Inflation Works

Grade 9 · Social Studies · 45 min

What's Included

Learning Objective

I can explain how the general increase in prices, known as inflation, affects the purchasing power of money.

Warm-Up Video

The School of Life · 8:01

What is Inflation?

Practice Questions

7 questions · Short answer

Exit Ticket

Quick comprehension check

If the price of a loaf of bread increases from $2 to $4 due to inflation, how does this affect the amount of bread you can buy with $10? Imagine you have $50 to spend on groceries. If inflation causes grocery prices to rise by 10%, will you be able to buy more, less, or the same amount of groceries with your $50? Explain your answer. Suppose you earn $20 per week. If inflation causes the price of your favorite snack to double, how will this impact your ability to buy that snack each week?

Complete Lesson Package

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Teacher Guide
Student Doc
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