Episode 37 of 60 · Financial Literacy: Cash Course
Economic Policies and You
Grades 6th+
Economics — American Government · Government · Economics — American History · Captions
About This Video
How do economic policies—both monetary and fiscal—affect your everyday decisions? In this episode of Cash Course, you’ll learn how the Federal Reserve manages the money supply through interest rates, how government spending and taxes influence economic activity, and how economic policies impact everything from the cost of groceries to the terms of your loans.
Standards Met in Ohio
- AMG.9-12.20Grades 9th, 10th, 11th, 12thThe federal government uses spending and tax policy to maintain economic stability and foster economic growth. Regulatory actions carry economic costs and benefits.
- AMG.9-12.21Grades 9th, 10th, 11th, 12thThe Federal Reserve System uses monetary tools to regulate the nation’s money supply and moderate the effects of expansion and contraction in the economy
- AMG.9-12.21.aGrades 9th, 10th, 11th, 12thExplain the purpose of the Federal Reserve (e.g., who, what, where, and how it works; what it does).
- AMG.9-12.21.bGrades 9th, 10th, 11th, 12thIdentify the three main functions of the Federal Reserve.
- AMG.9-12.21.cGrades 9th, 10th, 11th, 12thMatch the Federal Reserve with its purpose.
- AMG.9-12.21.lp.bGrades 9th, 10th, 11th, 12thUnderstand that the Federal Reserve System works to maintain economic stability. For instance, keeping prices from rising or falling too fast or making sure banks have enough money to pay their customers During the Great Depression many banks did not have enough money on hand.
- AMH.9-12.19.aGrades 9th, 10th, 11th, 12thExplain one reason for the Great Depression.
- AMH.9-12.19.bGrades 9th, 10th, 11th, 12thDescribe life during the Great Depression.
- AMH.9-12.19.cGrades 9th, 10th, 11th, 12thIdentify the Great Depression as a time when millions of people were unemployed and had little money.
- AMH.9-12.19.lp.cGrades 9th, 10th, 11th, 12thIdentify the Great Depression as an economic crisis resulting from the lack of regulation of the economy by the federal government.