As part of an initiative to strengthen our young adults' financial understanding, this problem explores the cost of bread and minimum wage since the 1930s. Learners are asked to find the percent increase from each year and compare it with the other data. They should be able to answer which decade was most affected by inflation.

Concepts

inflation, percent change, percents, percent increase

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Additional Tags

inflation, percent increase, percent change, math

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Pros

• Cross-curricular 
• Real-world context 
• Could use calculators for percent change

Cons

• Needs prior knowledge of percent change
• May be lengthy without use of calculators

Common Core

7.RP.A.3 MP4 MP5