71

Lesson 71 of 84 ยท Economics

โญ 30 XPโš“ Market Port

Banks and Saving Money

Banks and Saving Money
๐ŸŒMission Brief #71

Banks help us save money.

๐ŸŽฏ Your mission

Trade-offs everywhere โ€” find them.

โšก The twist

Cheap for you usually means expensive for someone else.

๐Ÿคฏ

Mind = Blown

๐Ÿคฏ The first ATM was installed in 1967 โ€” and used radioactive ink.

๐Ÿ•ฐ๏ธ

Then & Now

๐Ÿ’ฑ This is happening in your local store every single day.

Banks help us save money. When we give banks our money, they keep it safe. We can take it out when we need it. Saving money helps us buy things later.

Key Facts

1

Banks keep money safe.

2

We can save money in banks.

3

Saving helps us buy things later.

Check Your Understanding

Question 1

1 of 2

What do banks do with our money?

๐ŸŒ

Why this still matters

The next time you spend $1, ask: who else benefited besides you?

๐Ÿ†

Stretch Challenge

Try this in real life this week.

Find two products that look similar but cost very different. Why?

๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘ง

For the dinner table

โ€œIf you had $20 to start a business, what would you sell?โ€

๐ŸŽฏ

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Banks and Saving Money โ€” Economics | 1st Grade Social Studies | LittleActivity | LittleActivity