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The Great Depression Curriculum: Lesson 6 – Could It Happen Again?
Source: Federal Reserve Bank of St Louis | Type: lesson

In this lesson, students learn about the role and functions of the Federal Reserve System. They participate in an activity to learn how the purchase or sale of U.S. Treasury securities affects the supply of money and credit in the economy. Finally, they discuss what the Fed learned about implementing monetary policy as a result of the Great Depression. Check http://www.stlouisfed.org/greatdepression/curriculum.html for links to resources, a glossary, exams, and evaluation forms.

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