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Guide Author |
Jena Greig |
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District |
Pine City Public Schools District 578 |
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Date Created |
06/08/11 |
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Guide Description |
Using the 2007 Minnesota Algebra Standards, students would be able to use the information and prices given on the document, and compare that information to prices that we would use today. Students will have to do some research on other sites to find comparable prices. After they have a historical value and a current value the students could take the two values and find a ratio given the number of years apart that the values were given. With the ratio and the point ratio formula students would be able to create a formula that they could use to predict values for different years. From a teacher's stand point, make sure that students site their sources properly and also make sure that they are able to justify their steps mathematically and historically, by explaining what was happening in history to justify why these numbers make sense. Also make sure that students can explain why the formula would be off in a certain situation, for example, during the Great Depression. |
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Title of Main Academic Standard used in Guide |
Minnesota K-12 Academic Standards in Mathematics (2007) |
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Grade Level |
9-12 |
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Learning Level |
Mastery |
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National Holiday/Special Occasion (optional) |
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Source Format Emphasized |
Photographs, Documents |
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Geographic Region Emphasized (optional) |
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Other Minnesota Reflections Guide(s) Related to this Guide (optional) |
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Standard Title |
Minnesota K-12 Academic Standards in Mathematics (2007) |
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Category |
Mathematics |
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Strand |
Algebra |
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Sub-strand |
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Standard |
Recognize linear, quadratic, exponential and other common functions in real-world and mathematical situations; represent these functions with tables, verbal descriptions, symbols and graphs; solve problems involving these functions, and explain results in the original context. |
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Benchmark 1: standard number |
9.2.2.2 |
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Benchmark 1: text |
Represent and solve problems in various contexts using exponential functions, such as investment growth, depreciation and population growth. |
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Benchmark 2: standard number |
9.2.2.4 |
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Benchmark 2: text |
Express the terms in a geometric sequence recursively and by giving an explicit (closed form) formula, and express the partial sums of a geometric series recursively. |
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Benchmark 3: standard number |
9.2.2.5 |
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Benchmark 3: text |
Recognize and solve problems that can be modeled using finite geometric sequences and series, such as home mortgage and other compound interest examples. Know how to use spreadsheets and calculators to explore geometric sequences and series in various contexts. |
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Benchmark 4: standard number |
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Benchmark 4: text |
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Standard Title |
Minnesota K-12 Academic Standards in Mathematics (2007) |
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Category |
Mathematics |
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Strand |
Algebra |
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Sub-strand |
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Standard |
Represent real-world and mathematical situations using equations and inequalities involving linear, quadratic, exponential and nth root functions. Solve equations and inequalities symbolically and graphically. Interpret solutions in the original context. |
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Benchmark 1: standard number |
9.2.4.2 |
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Benchmark 1: text |
Represent relationships in various contexts using equations involving exponential functions; solve these equations graphically or numerically. Know how to use calculators, graphing utilities or other technology to solve these equations. |
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Benchmark 2: standard number |
9.2.4.8 |
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Benchmark 2: text |
Assess the reasonableness of a solution in its given context and compare the solution to appropriate graphical or numerical estimates; interpret a solution in the original context. |
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Benchmark 3: standard number |
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Benchmark 3: text |
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Benchmark 4: standard number |
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Benchmark 4: text |
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Reading: standard number |
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Reading: standard text |
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Math: standard number |
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Math: standard text |
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Media Literacy: standard number |
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Media Literacy: standard text |
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Interdisciplinary Connection |
Economics, History, Social Sciences |
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Things to Think About |
· Where would I find information about salary? · How could I get data from medical history and data? · What collections mention taxes or income? |
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Keywords |
Money, Dollars, Income, Taxes, Price, Deed |
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Other ideas (to assist with discovery) |
Think about situations in which you need to negotiate prices. Think about contracts, or year-end summaries |
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Challenges to finding resources on this standard |
Some documents give amounts and prices, but the amounts are not a precise wage, or cost. Also the reader may not know what the cost or wage was directly paid for in the article, in which some interpretation of the data may be necessary. |
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Title |
Date created |
Description |
Format (photo, map, letter) |
"Cite the Item" link |
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Ticket for Huntley Performance |
No Date given |
Ticket, use the cost of a ticket and compare with prices today. You could research other ticket prices to find the date. |
Photo / ticket |
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Dodge County Ext Service Annual Report |
1967 |
Description of farming income and percentage of income (Pages 5 and 21) |
Document |
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Basilica of St. Mary's Announcement Book |
1923 |
Description of the 1st payment of the tuition for seminarians, with description of possible payment schedule (Front matter page 3) |
Document |
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Letter from Jacob Dieter to his wife and children |
Jan 10, 1864 |
Letter from a husband to his family describing his earnings per day, and that he is sending money home (Page 1) |
Document |
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Warranty Deed |
Oct 3, 1894 |
Deed describing the purchase of land between 2 people in Fillmore County |
Document |
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Taxes Paid Receipt in Olmstead County |
1901 |
Property Tax receipt for a man in Olmstead County you can compare it to taxes paid today. |
Document |
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Letter to FDR about the Iron Range |
1941 |
The letter asks the president for more funding to help the production of Iron Ore. Mathematically you can compare Ore Output at different times |
Document |
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Search for different money terms. Make sure that you include buying and selling in your search. While searching make sure you look for land purchase agreements, and tax information. |
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Students can use the information gathered from the guide, and do a little research to find comparable prices for today's economy. Students can then find the ratio per year of the inflation and use that ratio to create an equation. With the equations that students come up with they will be able to test different years and check their equation with actual data. |
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U.S. Bureau of Labor Statistics: http://www.bls.gov/oes/current/oes_mn.htm |
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Minnesota Spending at Bundle.com: http://money.bundle.com/data/spending/all/minnesota/all |
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Land and Farm prices at LandAndFarm.com: http://www.landandfarm.com/search/Minnesota-land-for-sale/ |