Ben develops an amusement park type of ride that explains the function and history of banks. However, it’s Sydney who does all the explaining, describing how banks function for the benefit of savers and borrowers.
Essential Question: Why do communities and individuals need banks?
Learning Objective: Students will learn that banks are institutions where people in households and businesses save money and earn interest and where people borrow money and pay interest.
Essential Vocabulary: banks, saving, borrowing, interest, lending
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