The Subprime Crisis

Overview:

In this lesson, the students are introduced to the subprime crisis and asked to understand how the poor credit health of average Americans and the high risk financial decisions taken by investment banks led to a major collapse of the U.S. economy. They should be able to link some of the issues back to the many consumers who are dependent on credit for their daily purchases.

NBEA Standard(s):
  • Personal Finance, VII. Using Credit
  • Personal Finance, VIII. Protecting Against Risk

Lesson Plan Details:

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