Banks are important to Americans. We use banks to save money and earn interest, or borrow money and pay interest. This lesson introduces the concepts of banking to children.

Concepts

interest, banking

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Additional Tags

council for economic education, econedlink, savings

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Classroom Considerations

• Knovation Readability Score: 1 (1 low difficulty, 5 high difficulty)
• The intended use for this resource is Instructional