How exactly do banks work? A short video clip explains the complex banking system in a way all young savers understand. Scholars analyze just how a bank operates and makes money by providing investment opportunities to the community. From credit unions to savings and loans, learners grasp the concept of borrowing, interest, and credit using a resource that is on the money!

Concepts

banking, the united states economy, credit, the world bank, interest

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Additional Tags

science

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Instructional Ideas

• Come up with a series of short questions for scholars to answer while they watch the clip
  
• Role play the banking system of loans and credit with monopoly money 

Classroom Considerations

• A short advertisement plays prior to the video clip 

• This video is hosted on YouTube

Pros

• Resource is excellent for audio and visual learners 
• Closed captioning available for those with audio difficulties 

Cons

• Resource does not include a lesson plan with the video clip

Common Core

RH.9-10.1 RH.9-10.2 RH.9-10.3 RH.11-12.1 RH.11-12.2 RH.11-12.3