Bellwork:
Think about this question- why is it better to keep your money in a bank than anywhere else (i.e. in a shoebox under your bed, etc.)?
Objectives:
- Explain why it is better to put money in a bank than keeping at home
- Describe the role of the FDIC
Agenda:
- As we watch the below videos, be prepared to answer the corresponding questions!
- The Bank Run
- How do banks work?
- Your Bank Has Failed- The Role of the FDIC
- How does this relate to the question in bellwork? Why use banks?
- What is the role of the FDIC?
- How does this relate to your role as a consumer? What should you do with this information?
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