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The Ledger
The Adventure Begins

Winter 2004

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Boston Fed Launches New Educational Exhibit and Web Site
Maybe you’re going through one of those periods when modern life is getting to you — the traffic, the stress, the complexity. Our prescription for this: a visit to the “New England Economic Adventure” at the Federal Reserve Bank of Boston. One look at the chamber pot in the Adventure’s “Material Life” display should be enough to convince you that the pluses of early 21st century life probably outnumber the minuses.

The Adventure is the latest initiative in the Boston Fed’s longstanding commitment to help raise overall public awareness of economic issues and concepts. Geared primarily to middle school and high school students, the Adventure uses interactive games, exhibits, and activities to help visitors understand how 200 years of economic change and technological innovation have affected the everyday lives of New Englanders.

The Adventure is open, free of charge, to school groups and community groups, but groups must make reservations in advance. (Unfortunately, we are unable to accommodate walk-in visitors.)

There’s also an Adventure web site www.economicadventure.org for those who might not have an opportunity to visit — or who want to expand on what they learned during their visit.

The site explores Adventure-related concepts — standard of living, economic growth, labor productivity — from many perspectives. Here’s some of what you’ll find:

  • the Rising Standards Gazette — a description of the bumpy course of economic growth in New England, an overview with interesting details
  • an illustrated timeline of major economic events in New England’s history
  • profiles of Francis Cabot Lowell, Colonel Albert Pope, and Ken Olsen — the three entrepreneurs featured in the Adventure’s Invest-in-Growth games
  • terms and theory — explanations of economic growth theory, standard of living, and time value of money; glossaries of terms
  • lesson plans, student projects, online quiz, classroom activities
  • recommended resources — books, other readings, videotapes, other web sites
  • information on teacher workshops
  • scheduling/directions/contact information for visits to the Adventure
  • pre- and post-visit teaching materials
  • a place for you to tell us how we’re doing — we want your comments!

 

 
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