Economics

What’s It like to Go to School in a One-Room Schoolhouse? | PBS NewsHour

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Directions: Read the summary, watch the videos and answer the discussion located under support materials. You may want to read along with the transcript.

Summary: The one-room schoolhouse may seem like a distant memory from US history, but about 200 of them still exist today, including tiny Valley Elementary School in Cody, Wyoming. It has only six students, but in Wyoming, education funding is redistributed so that students can have access to similar resources, no matter how small or remote their location. Mason Baum of Student Reporting Labs has the story.

May 31, 2019 video and resource materials from PBS NewsHour.

Check out our Daily News Story collection, or find more at PBS NewsHour Extra.

Making the Case for "Workforce Development" | American Graduate

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Is it possible to establish a link between the U.S. civil rights movement and the fall of the Berlin Wall? 

You can, as it turns out, when it comes to job training and career readiness. The video above traces that history, and brings into focus the nebulous term “workforce development.” 

This introductory piece kicks off a six-part video series that will examine career and tech education in the Kansas City region. 

One of the key themes will be the push and pull between making schools mere conduits for employers versus institutions that turn out solid, informed citizens. Or, can they be both?

Factors Leading to the Crisis (6) | 1980s Farm Crisis

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Changes in federal policy and international politics in the 1970s result in higher interest rates and increased agricultural commodity supply. These factors will help to usher in the farm crisis of the 1980s. This segment is part of the documentary The Farm Crisis, which examines the tragic circumstances faced by farmers for most of the 1980s, when thousands were forced into bankruptcy, land values dropped by one-third nationally, and sky-high interest rates turned successes into failures seemingly overnight.

What sources of data do you use to analyze the markets? | Ask the Analysts

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What sources of data do you use to analyze the markets? Experienced commodity market analysts provide thoughtful insight on trading skills, price trends, and strategies to help students better understand how the markets work.

Commodity Markets: Managing Risk with Cash Markets and Forward Contracting | Market to Market Classroom

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Learn about the two methods that are commonly used by farmers and ranchers to market commodities and manage risk in this video from Market to Market Classroom. Agriculture production is full of risk. In any year, growers can face weather perils that include droughts and floods. Even when producers escape those extremes, conditions must be favorable at key periods during planting, growing, and harvesting. And even after crops are grown and harvested, producers still encounter risk. Changes in consumer demand, unforeseen international events, costs for fuel, and other circumstances can all influence profit. But the greatest risk of all may not be associated with producing commodities, but in marketing, or selling, them for a profit. Two methods that are commonly used to market commodities are cash marketing and forward contracting. 

Cash marketing takes place when a farmer sells his commodity for cash. A trade on the cash market always involves transfer of the actual commodity.The farmer delivers their grain to the elevator after harvest or from storage, and receives the current price. The farmer's primary risk is if prices move lower while holding the commodity, he or she will have missed the opportunity to sell at the higher price.

A forward contract is a way to minimize the risk that the price of a commodity might go down before a farmer sells. A forward contract is an agreement to deliver a specific amount of a specific commodity at a specific time in the future. Because no one really knows whether prices will go up or down, a forward contract "locks-in" a price that is higher than the current cash price.

Hamilton’s America | Alexander Hamilton: The First Secretary of the Treasury

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Learn how Alexander Hamilton shaped the financial system of the United States in this video from GREAT PERFORMANCES: “Hamilton’s America.” As the first Secretary of the Treasury, Hamilton created all the policies for how the federal government deals with money.

Mercantilism and the American Revolution

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In this video from Finding Your Roots, Tina Fey learns about an ancestor who helped Benjamin Franklin develop the manufacturing industry in the American colonies. The background essay and discussion questions help students understand British mercantilism and its effects on colonial politics.   

Market Economy | Crash Course Government and Politics

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How does the government plays a role in the economy? Specifically, the way the government creates and maintains our market economic system.

Teachable Moment: The Role of the Federal Reserve | Fast Forward

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Learn what the Federal Reserve is and what it does.

Federal Reserve Bank of Atlanta | Fast Forward

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A visit to the Federal Reserve Bank of Atlanta proved to us, and hopefully our audience, that taking a simple interest in math and technology can lead to a wide variety of career opportunities. While we approached this institution in a fun and loose way, Teachable Moments were truly insightful. They include a description of what the Federal Reserve is and does, a discussion of the gold standard, exactly what gives money its value, and more.

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