Teacher's Notes

Theme:
Deficit spending has been the policy of many administrations during our history.

Sub-theme:
Under President Franklin D. Roosevelt, the nature of deficit spending policy changed.

Concepts:

• deficit spending
• New Deal
• Great Depression
• fiscal policy
• business cycle
• pump-priming

Performance objectives -- this lesson focuses on developing skills at:

• Analyzing an opinion concerning national debt
• Reading a graph on national debt
• Comparing and making judgements on personal vs. national debt
• Comparing two historical periods

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