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Crash Course Government Episode | 48 - Monetary and Fiscal Policy

Monetary and fiscal policy are separated, compared, and then connected across fifteen viewing questions. The monetary section examines reserve requirements, interbank interest rates, open-market operations, quantitative easing, and inflation. Tax changes, supply-side economics, federal revenue, mandatory spending, Social Security, and Medicare shape the fiscal section. Teacher response pages parallel the student sequence for a concept-by-concept review. Together, the two sections show how separate institutions influence economic conditions through different policy mechanisms.
Year groups
Years 8–11
File type
Microsoft Word
Editable
Yes

Updated Feb 19, 2024

Subject
Social Studies
Topic
Crash Course Videos, Monetary Policy
Resource types
Worksheets, Worksheets & Printables
Editable
Yes

From the author

About this resource

Engage students in learning about monetary and fiscal policy with this 2-page worksheet based on the Crash Course Government video episode. With 15 short answer questions that prompt critical thinking, this resource challenges learners to analyze how the government utilizes monetary and fiscal policies to influence economic outcomes. Easily implement as an individual assignment or small group activity. An answer key allows students to self-check their work. Pair with the 9-minute Crash Course video to scaffold understanding of complex economic concepts like quantitative easing and government spending. This stand-alone worksheet on monetary and fiscal policies is an educational supplement for civics, economics, and government courses in grades 7-10. Check out other social studies resources at Active Social Studies for inspiring students to be informed, engaged citizens.

In the classroom

Teaching tips & learning objectives

Learning objectives

  • Explain how Federal Reserve actions influence the money supply

  • Distinguish monetary policy from federal fiscal policy

  • Describe why Social Security and Medicare remain major mandatory spending programs

Teaching tips

  • Complete the five Federal Reserve prompts as one block before beginning the taxation and budget section.

  • Build a two-column comparison from the worksheet: central-bank actions on one side and congressional tax or spending choices on the other.

Skills covered

  • Economic-policy comparison — learners distinguish central-bank tools from taxing and spending decisions.

  • Cause-and-effect reasoning — responses connect reserve rules, rates, or bond transactions with money circulation.

  • Budget analysis — students interpret mandatory spending through Social Security, Medicare, and other uncontrollable items.

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