The Business of Baseball

I.      Objectives – in completing this lesson, students will:

 A.     Examine historical data from various sources, including museum and library collections, artifacts, primary source documents, oral testimonies and Web sites.

B.     Analyze data and interpret variables to compare and contrast their impact on economic trends, consumer prices, standard of living and the value of American currency across different eras.

Understand, through dialogue and practical application, how the evolution of baseball coincides with historic events that impact buying power, including the allocation of scarce resources and the four key pricing elements of material, energy, labor and transportation.