Instructional Video

Banking Explained – Money and Credit

Curated and Reviewed by Lesson Planet

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!

30 Views 22 Downloads
CCSS: Adaptable
Additional Tags
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