Which were the main factors that led to the economic crisis?

Which were the main factors that led to the economic crisis? Students will analyze and synthesize the information they gathered from different sources about the main causes of the economic crisis in the topic of their choice. Students will discuss the relative importance of each cause using the theoretical frameworks studied in class. For the first two topics ( the Fed’s Monetarist Experiment: 1981-1982 and Stagflation: 1973 to 1980) the relevant theoretical framework is the Aggregate Supply and Aggregate Demand Model. For the last two topics (the German Hyperinflation: 1922-1923 and the Zimbabwean Hyperinflation: 2007-2008) the relevant theoretical framework is the Quantity Theory of Money.
CONSEQUENCES: How did the economic crisis affect the lives of people and businesses? Students will explain the effect of the crisis on the lives of people and businesses.
RECOVERY: Which were the main factors that led to the recovery from the crisis?

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