Lesson 11 of 84 ยท Economics
โญ 30 XPโ Market PortBanks and Saving Money
Banks are places where people keep their money safe.
๐ฏ Your mission
Follow the money. Then follow the choices.
โก The twist
Trade isn't just stuff โ it's ideas, words, and germs.
Mind = Blown
๐คฏ The first ATM was installed in 1967 โ and used radioactive ink.
Then & Now
๐ฑ Every receipt you've ever seen has this idea inside it.
Banks are places where people keep their money safe. When you save money in a bank, it can grow over time. Banks also help people by giving loans for things like houses or cars.
Key Facts
Banks keep money safe.
You can save money in a bank.
Banks can give loans to help people buy things.
Check Your Understanding
Question 1
1 of 2What do banks do with our money?
Why this still matters
The next time you spend $1, ask: who else benefited besides you?
Stretch Challenge
Try this in real life this week.
Track every dollar you spend or get this week. Then figure out the pattern.
For the dinner table
โIf you had $20 to start a business, what would you sell?โ
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