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Instructional Video

Federal Reserve and You: Money and Banking 101: How Banks Make Money

Curated by ACT

Did you ever wonder how banks make money? This short video describes how banks make money off charging both interest on loans and fees for banking products. [0:52]

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Concepts
banking, interest, loans
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Additional Tags
banking fees, how banks make money, federal reserve and you: how banks make money, history of money and banking in the u.s.
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Resource Details
Grade
9th - 10th
Subjects
21 Century Skills
1 more...
Resource Type
Instructional Videos
Audiences
For Administrator Use
2 more...
Lexile Measures
0L