The 2008 Financial Crisis

You may remember the 2008 financial crisis like it was yesterday, but the learners in your class were likely too young to understand what was going on at the time. Clarify a now-historic moment in United States economics with a Crash Course video that focuses on the elements that caused the recession—and the factors that helped steer the economy back.

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CCSS: Adaptable
Instructional Ideas

  • Pair with selected scenes of the 2015 film The Big Short
  • Create a KWL chart with learners before watching the videos in which they list what they already know about the financial crisis, note what they'd like to learn about it, and jot down what they learned once they have watched the video
  • Encourage class members to write an argument essay debating the merits of the bank bailout by the government
Classroom Considerations

  • Video only references a few specific companies and banks who were involved in the housing crisis, including AIG and Lehman Brothers
  • Part of a larger series of economic videos, but functions well on its own
Pros

  • Provides additional resources for reference in the video description
  • Very clear and straightforward explanation of a complex concept
Cons

  • None