Welcome to the Learning Zone!
Have a go at this video challenge to learn about inflation.
STEP 1: Imagine that you are Person A
Person A = you run a successful business that employs hundreds of people. You and your family own several large houses and lots of expensive things.
Each month you earn 23 coins.
STEP 2: Watch this video from the perspective of Person A
STEP 3: Repeat the video imagining you are Person B and then Person C
Person B = you have a good job and live with your family in a comfortable house. You have some savings. You earn 16 coins each month.
Person C = you have a job which is very important for your family because you have no savings. You rent a house and don’t own many things. You earn 10 coins each month.
How does your experience of inflation change each time?