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**This is the chapter slice "The History of Currency Gr. 5-8" from the full lesson plan "Economy & Globalization"** Learn how the global economy functions and how the world relies on each other to survive. Our resource debates the pros and cons of nationalization and privatization as it relates to the global economy. Review the early history of currency, from the barter system to metal money, then finally what we use today. Go back to the Great Depression and act out a scene to showcase the economic hardships faced by people living during this era. Hold a panel discussion on international immigration policy. Design your own multinational company and write a business plan. Write a case study about a particular example of outsourcing. Conduct a class debate about whether or not trends towards economic globalization have been good for people around the world. Practice exchanging world currencies using up-to-date currency exchange rates in an international airport. Aligned to your State Standards and written to Bloom's Taxonomy, additional hands-on activities, crossword, word search, comprehension quiz and answer key are also included.
Learn how the global economy functions and how the world relies on each other to survive. Our resource debates the pros and cons of nationalization and privatization as it relates to the global economy. Review the early history of currency, from the barter system to metal money, then finally what we use today. Go back to the Great Depression and act out a scene to showcase the economic hardships faced by people living during this era. Hold a panel discussion on international immigration policy. Design your own multinational company and write a business plan. Write a case study about a particular example of outsourcing. Conduct a class debate about whether or not trends towards economic globalization have been good for people around the world. Practice exchanging world currencies using up-to-date currency exchange rates in an international airport. Aligned to your State Standards and written to Bloom's Taxonomy, additional hands-on activities, crossword, word search, comprehension quiz and answer key are also included.
**This is the chapter slice "The Great Depression Gr. 5-8" from the full lesson plan "Economy & Globalization"** Learn how the global economy functions and how the world relies on each other to survive. Our resource debates the pros and cons of nationalization and privatization as it relates to the global economy. Review the early history of currency, from the barter system to metal money, then finally what we use today. Go back to the Great Depression and act out a scene to showcase the economic hardships faced by people living during this era. Hold a panel discussion on international immigration policy. Design your own multinational company and write a business plan. Write a case study about a particular example of outsourcing. Conduct a class debate about whether or not trends towards economic globalization have been good for people around the world. Practice exchanging world currencies using up-to-date currency exchange rates in an international airport. Aligned to your State Standards and written to Bloom's Taxonomy, additional hands-on activities, crossword, word search, comprehension quiz and answer key are also included.
**This is the chapter slice "Migration Gr. 5-8" from the full lesson plan "Economy & Globalization"** Learn how the global economy functions and how the world relies on each other to survive. Our resource debates the pros and cons of nationalization and privatization as it relates to the global economy. Review the early history of currency, from the barter system to metal money, then finally what we use today. Go back to the Great Depression and act out a scene to showcase the economic hardships faced by people living during this era. Hold a panel discussion on international immigration policy. Design your own multinational company and write a business plan. Write a case study about a particular example of outsourcing. Conduct a class debate about whether or not trends towards economic globalization have been good for people around the world. Practice exchanging world currencies using up-to-date currency exchange rates in an international airport. Aligned to your State Standards and written to Bloom's Taxonomy, additional hands-on activities, crossword, word search, comprehension quiz and answer key are also included.
Explore all that brings the world together with our Globalization 3-book BUNDLE. Start off by helping students make informed decisions about civil matters with Culture, Society & Globalization. Explore the negative impacts of the spread of Western culture to the rest of the world. Represent a nation during a United Nations meeting to draft additions to human rights law. Then, learn how the global economy functions and how the world relies on each other with Economy & Globalization. Hold a panel discussion on international immigration policy. Practice exchanging world currencies using up-to-date currency exchange rates in an international airport. Finally, find out why disparities exist between developed, developing and underdeveloped nations with Technology & Globalization. Design your own transportation system and create a brochure to share the information with travelers. Explore how advances in space technology have impacted globalization. Each concept is paired with hands-on activities. Aligned to your State Standards and written to Bloom's Taxonomy, additional crossword, word search, comprehension quiz and answer key are also included.
A powerful new understanding of global currency trends, including the rise of the Chinese yuan At first glance, the history of the modern global economy seems to support the long-held view that the currency of the world’s leading power invariably dominates international trade and finance. But in How Global Currencies Work, three noted economists overturn this conventional wisdom. Offering a new history of global finance over the past two centuries and marshaling extensive new data to test current theories of how global currencies work, the authors show that several national monies can share international currency status—and that their importance can change rapidly. They demonstrate how changes in technology and international trade and finance have reshaped the landscape of international currencies so that several international financial standards can coexist. In fact, they show that multiple international and reserve currencies have coexisted in the past—upending the traditional view of the British pound’s dominance before 1945 and the U.S. dollar’s postwar dominance. Looking forward, the book tackles the implications of this new framework for major questions facing the future of the international monetary system, including how increased currency competition might affect global financial stability.
Conventional economic wisdom has long held that the world's dominant economic power tends to possess the world's dominant currency, and that the dominance of that currency can continue even after other, more dynamic economics powers surpass the issuer of it. The paradigmatic example is GreatBritain, which had the world's biggest economy and the dominant currency in the nineteenth century. Yet even as it faded relative to the US and Germany, the pound sterling remained the world's reserve currency well into the twentieth century. Only massive systemic shocks like the Great Depressionand World War Two could knock the pound from its perch. The story of the US economy and the dollar after the war is a similar one, and many expect that the dollar will eventually lose its pre-eminence to Chinese the renminbi at some point after the Chinese economy surpasses the US economy in size. China is certainly a clear rival to the US, but as Barry Eichengreen, Marc Flandreau, Arnaud Mehl and Livia Chitu argue, economics is not a zero-sum game. In International Currencies, Past, Present, and Future, they draw from innovative data sets to argue that several national currencies can play animportant role in the global economy all at once. Rather than focusing on how one currency dominates, then, we should look at currency systems as networks. While there may be a clear leader, that does not meant that other major currencies cannot serve as international reserve hedges. Indeed, even inthe late twentieth century, when US power was at a geopolitical apex, roughly 40 percent of global foreign exchange reserves were not in dollar form. The late nineteenth and early twentieth centuries were similarly multipolar with regard to foreign exchange reserve holdings, with the mark, thefranc, and the dollar all playing important roles in a system in which the pound led. If past is prologue, we can look forward to a multipolar system in which the dollar and euro will continue to be important international currencies even if the renminbi surpasses the dollar - and the jury is out onthat. Deeply informed by history, this powerfully revisionist account of how the international monetary system operates will not only transform our understanding of the past, but also force us to reconsider our expectations of how the system will evolve in future decades.
This handbook provides a comprehensive overview of state-of-the-art research in the field of monetary and financial history. The authors comprise different generations of leading scholars from universities worldwide. Thanks to its unrivaled breadth both in time (from antiquity to the present) and geographical coverage (from Europe to the Americas and Asia), the volume is set to become a key reference for historians, economists, and social scientists with an interest in the subject. The handbook reflects the existing variety of scholarly approaches in the field, from theoretically driven macroeconomic history to the political economy of monetary institutions and the historical evolution of monetary policies. Its thematic sections cover a wide range of topics, including the historical origins of money; money, coinage, and the state; trade, money markets, and international currencies; money and metals; monetary experiments; Asian monetary systems; exchange rate regimes; monetary integration; central banking and monetary policy; and aggregate price shocks.
This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.
**This is the chapter slice "The Industrial Revolution Gr. 5-8" from the full lesson plan "Capitalism vs. Communism"** Discover the rise of Capitalism from the Great Depression through the Cold War. Our resource explores the differences between a Capitalistic, Communist and Globalization economy. Step into the Dust Bowl era and experience the hardships of the Great Depression. Explain how the New Deal helped the United States recover during this dismal time. Travel back to the Industrial Revolution and find out why people became more interested in Communism as a result of these changes. Recognize that the Cold War was a war between Capitalism and Communism, and discover how Capitalism changed throughout the world since this conflict. Experience what it's like to shop at the mall in a Communist country, and how this would affect your own lifestyle. Explore the dangers of monopolies in a Capitalistic economy. Find out about the Inca culture and how it is similar to Communism. Get a global view of the world economy by seeing how businesses benefit from world-wide partnerships. Aligned to your State Standards and written to Bloom's Taxonomy, additional writing tasks, crossword, word search, comprehension quiz and answer key are also included.