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The Inflation Calculator - Morgan Friedman

Grades
5 to 12
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Compare the adjusted amount of money from its value in any year, from 1800-2022, using The Inflation Calculator. Enter the dollar amount, the initial year, and the final year for ...more
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Compare the adjusted amount of money from its value in any year, from 1800-2022, using The Inflation Calculator. Enter the dollar amount, the initial year, and the final year for comparison to view the adjusted amount. For example, enter $100 in the year 1900 and compare to the 2017 value to find that the same item would cost $2988.86 in 2017!
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tag(s): 1900s (72), 20th century (62), calculators (36), financial literacy (95)

In the Classroom

Although this calculator seems relatively simple, use it for many purposes in your classroom. When reading stories set in different times throughout the 1900's use the calculator to compare costs in the story to 21st-century costs. Use the calculator for student writing projects set in the past to add authenticity to information included. Take student learning a step further and ask them to create an infographic comparing prices, technology, populations, workforce, or other important indicators of two different eras. Canva Infographic Maker, reviewed here, will modify student learning and is a very easy to use tool for creating infographics using their many available templates. Challenge math or economics students to enhance learning and create an inflation calculator based on different sets of statistics using Microsoft Excel or Google Forms. Work together with a history teacher to include those statistics on a history timeline with a tool like Time Graphics Timeline Maker, reviewed here.