This link offers handouts, videos, and other learning resources for use by parents and teachers. In this media-enhanced lesson, students are introduced to the concept of insurance and the role it has played in determining the world’s political and economic landscape since its inception in the 18th century. Activities explain the origins of the modern insurance fund, with an online activity to help students understand the law of averages upon which insurance is founded. The expansion of insurance from a privately purchased (and often unaffordable) privilege to a state-sponsored right is also explored. A culminating activity asks students to compare and contrast the insurance systems of several different nations based upon what they’ve learned throughout the lesson about the relative pros and cons of varying approaches.
Official Website: http://www.pbs.org/wnet/ascentofmoney/lessons/how-insurance-has-shaped-our-world/lesson-overview/57/