General Economics, law homework help

When we think about prices today we often feel that they have increased dramatically over the years. People sometimes reminisce about the “good old days” and the lower prices. Were things really better back then? Was everything so much cheaper? Let’s see!

Here are a few websites that are full of nostalgia and a great way to learn about past times and events!

https://www.bea.gov/itable/index.cfm (Links to an external site.)Links to an external site.

http://infographicworld.com/interactive-infographi… (Links to an external site.)Links to an external site.

http://www.usinflationcalculator.com/ (Links to an external site.)Links to an external site.

Just click on whatever years you’d like to “visit” then respond to the following prompts below.

  • Please respond to all of the following prompts:
  1. Select two time periods, preferably about ten years apart. What changes happened during that time period that most surprised you? Why?
  2. Pay particular attention to the cost of living feature at the bottom of the screen. How much did prices change from one time period to the next?

Please remember to cite the text and any outside sources used. No plagiarism, double check your spelling and grammar.

 
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