What Is Inflation?
Despite rising inflation, major U.S. corporations are reporting record profits, as companies pass rising supply-chain costs onto consumers. Economics correspondent Paul Solman explores whether concentrated market power is contributing to inflation.
Inflation Lesson Plan: Discussing the Basics
- What is inflation?
- When and Where did inflation start to rise at levels not seen in decades?
- What are some of the possible causes of recent inflation?
- How has inflation affected consumers?
- Why have many companies seen record profits in recent years?
Focus Questions
What actions do you think the government or private citizens take to lower costs and inflation?
Media literacy: Who else would you want to hear from to better understand how companies are using the rising costs of materials to make higher profits?
Additional Resource
Republished with permission from PBS NewsHour Extra.
PBS News Hour Classroom helps teachers and students identify the who, what, where and why-it-matters of the major national and international news stories. The site combines the best of News Hour's reliable, trustworthy news program with lesson plans developed specifically for... See More
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