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Lopus, Jane S.; McDaniel, Kristen – Social Education, 2015
The Federal Reserve System (the Fed) is one of the most important financial institutions in the world. As the central bank of the United States, it influences the domestic money supply, credit, and interest rates with the goal of achieving stable prices and full employment for the world's largest economy. It provides a variety of services to…
Descriptors: Misconceptions, Monetary Systems, Banking, Economic Climate
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Niederjohn, M. Scott; Nygard, Kim; Wood, William C. – Social Education, 2009
When highly visible lapses in ethics occur, education gets some of the blame. Principals in the U.S. subprime mortgage crisis and the Enron scandal had been educated at Harvard and other elite business schools, where professional and moral ideals had arguably been replaced by a focus on profits at the expense of ethics. A long-standing tradition…
Descriptors: Economics Education, Ethics, Social Studies, Ethical Instruction
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Ferrarini, Tawni Hunt; Schug, Mark C. – Social Education, 2007
History matters. It matters not only because people can learn from the past, but because the present and the future are connected to the past by the continuity of a society's institutions. Today and tomorrow's choices are shaped by the past. And the past can be made intelligible only as a story of institutional evolution. This story focuses on the…
Descriptors: United States History, Cooperation, Economic Development, International Trade
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Suiter, Mary; Meszaros, Bonnie T. – Social Education, 2005
For several years, advocacy groups have recognized the need to strengthen financial education in the K-12 schools. Current statistics support their concerns. Financial illiteracy in the United States is astoundingly high. From 1992 to 2000, disposable personal income for Americans rose by 47 percent, but personal spending rose by 61 percent. In…
Descriptors: Income, Elementary Secondary Education, Lesson Plans, Teaching Methods