Money in American Politics

Money in American Politics

“Who dignifies his Wealth by gen’rous Use, / To raise th’Oppress’d, or Merit to produce, / Reason’s impartial Voice shall ne’er condemn, / The glorious Purpose of so wise an Aim.” - Benjamin Franklin

Political scientists have long been interested in the study of money and politicians: Consider all the talk about “revolving doors,” “iron triangles,” and campaign finance reform.  Historians can weigh in on these issues while taking into consideration the ways in which money influenced the Revolutionary generation.

In this lesson of lecture and discussion, students may confront questions relevant to the past and the present, including: What role does money play in the American democracy today?  What did our Founding generation of Americans think about connections between business and government?  In what ways do Americans want politicians to be savvy and worldly?

Objectives

Objectives

The students will be able to:

  • compare the influence of money in politics by looking at sources from the past to the present day.
  • evaluate opposing viewpoints on the importance of money in politics by forming and defending their own opinion on the relationship between financial success and political success.

This lesson plan fulfills Civics and Economics Standards as well as History ones detailed on the Unit Plan.

Big Ideas

  • Citizens understand their rights and practice their responsibilities in a vibrant society.
  • Civil discourse and thoughtful deliberation are necessary to promote the common good and protect the individual.
  • Engaged citizens understand the workings of government and use historic precedents in shaping thought and action.
  • Civil discourse and thoughtful deliberation are necessary to promote the common good and protect the individual.
  • Engaged citizens understand the workings of government and use historic precedents in shaping thought and action.

Essential Questions

  • Why is it vital that citizens give back to the community?

Concepts

  • Historical literacy prepares one for participation as active, critical citizens in a democratic society.

Competencies

  • Contrast multiple perspectives of individuals and groups in interpreting other times, cultures and places.

Other Materials

Suggested Instructional Procedures

Teachers are encouraged to use the presentation: "Money, Banking, and American Politics"

This lesson plan, although mostly lecture-based, works better if students are encouraged to reflect on their own opinions concerning money in politics.  A number of student-focused questions are presented in the presentation itself.  In order to play the videos that are linked to in the presentation, teachers will need to have internet access, but this lesson can be slightly modified it that is not possible.