Unit 1: Three Worlds Collide. Learning Targets 1 - 18. What’s In Your Wallet?. Purpose: Activity to explore the difference between primary and secondary sources. Have students exchange item with another and study it for what it may offer as historical evidence; Questions to consider:
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Unit 1: Three Worlds Collide
Learning Targets 1 - 18
The Columbian Exchange
Desire for adventure
Opposition to monarchical form of gov’t
Establish military and naval outposts
“¼ of the white Virginian population were former indentured servants..”
“The poverty of the country is such that all the power and sway has got into the hands of the rich, who by extortions advantages, having the common people in their debt, have always curbed and oppressed them in all manner of ways.”
“Bacon’s rebellion spurred the planter class to cling more tightly to power”
Colonial class conflict
Modern class conflict
One of the most visible indicators of wealth inequality in the United States is the list of the 400 richest Americans published by Forbes magazine every year. The total inflation-adjusted net worth of the Forbes 400 rose from $507 billion in 1995 to $1.62 trillion in 2007, before dropping back to $1.37 trillion in 2010.
The world’s 1,210 current billionaires, Forbes reported in March 2011, hold a combined wealth that equals over half the total wealth of the 3.01 billion adults around the world who, according to Credit Suisse, hold under $10,000 in net worth.
Sources: “The World’s Billionaires,” Forbes Magazine, March 9, 2011 and Credit Suisse Research Institute, Global Wealth Report, October 2010.