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Classroom Activity: Attacking Financial Panics: The Panic of 1893

8-12

Students will use the Attacking Financial Panics Puzzle Guide to connect events and gain understanding of what triggers financial panics and apply that learning to the Panic of 1893. The guide identifies four common triggers of financial panics: unstable currency, excessive speculation, weakness of the banking structure and regulations, and concern about public finance and government debt. Students examine a PDF of "Economic Conditions of 1892-1894," excerpts from 75 Years of American Finance: A Graphic Presentation, 1861 to 1935, which is a timeline, and record their findings. The activity includes teacher talking points and an assessment.

money, banking

In order to aid in the retrieval of information from this publication, significant tables, charts, and/or articles have been extracted and can be viewed individually or across a span of issues.

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This lesson aligns with the C3 Framework for Social Studies State Standards, History: Change, Continuity, and Context (D2.His.1.6-8, D2.His1.9-12, D2.His.2.6-8, and D2.Hist.2.9-12) 

This lesson aligns with AP U.S. History Key Concepts 6.1-II, 6.1-III, and 6.3-II

Educational resources on FRASER are provided in partnership with the Federal Reserve Bank of St. Louis and other regional Federal Reserve Banks. Unless otherwise noted, these resources are free and open for individual and classroom use, reuse, retention, and redistribution, within the terms of our Economic Education Permitted Use policy. For questions about specific use cases, please contact us.

Federal Reserve Bank of St. Louis

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Johnston, Eva , Kaiman, Mike , Podleski, Genevieve and Federal Reserve Bank of St. Louis. Classroom Activity: Attacking Financial Panics: The Panic of 1893. https://fraser.stlouisfed.org/title/6419, accessed on May 23, 2022.