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Inflation - Why is Everything More Expensive?: Money Kids Series

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This title is a part of the series Money Kids Series

Catalogue Number:  WE0071
Producer:  Wonderscape Entertainment
Subject:  Business Studies, Mathematics
Language:  English
Grade Level:  6 - 8, 9 - 12
Country Of Origin:  United States
Copyright Year:  2022
Running Time:  21:46

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Inflation is the rate at which money loses value over time, which causes price increases. In this program, we learn about: the causes of inflation (demand-pull, cost-push, and built-in inflation); wage price spirals; the history of inflation in the US; what led to the inflation crisis of 2022 (Covid 19, high demand, disrupted supply chains, more remote work, and the Russian-Ukrainian war); steps being taken to limit the effects of current inflation. Detailed graphics, diagrams, and video reinforce important concepts.   

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