Banking and Private Financial Institutions.

Slides:



Advertisements
Similar presentations
Saving, Investment, and the Financial System
Advertisements

Saving, Investment, and the Financial System Chapter 25 Copyright © 2001 by Harcourt, Inc. All rights reserved. Requests for permission to make copies.
Saving, Investment, and the Financial System
Financial Markets Saving, Investment, and the Financial System.
Saving, Investment, and the Financial System Chapter 26 Copyright © 2001 by Harcourt, Inc. All rights reserved. Requests for permission to make copies.
Macroeconomics Lecture 5.
Chapter 11 Notes Financial Markets. Saving & Investing What is an Investment? The act of redirecting resources from being consumed today so that they.
Unit 2 – The United States Economy
Chapter 11.1 notes. Saving Saving = not spending $ Investment – use of income today for a future benefit.
Saving, Investment, and the Financial System
Banking and Money What do you know about a bank..
The U.S. Economy The structure and operation of the United States economy.
Financial Institutions Trivia Newell. Characteristics of private financial institutions include all the following EXCEPT- a) Mint money for loans b) Include.
Describe the Nature of Financial Institutions A financial institution is an organization that collects funds from individuals, businesses, and other institutions.
Comparing financial institutions. Credit Unions A cooperative financial institution that is owned and controlled by its members and operated solely to.
September 7 & 8, Objectives  Compare financial institutions and services available.  Determine how to develop a relationship with a financial.
+ Investments. + Purpose of Investments Investments constitute something that is purchased for future benefit (money, experience) Promotes economic growth.
E. Napp Saving and Investing In this lesson, students will be able to identify characteristics of saving and investing. Students will be able to identify.
Today’s Schedule – 11/2 PPT: Saving & Investing Part 1 WS: Calculating Interest Rates Homework – Read 21.1.
Chapter 11: Financial Markets Section 1. Copyright © Pearson Education, Inc.Slide 2 Chapter 11, Section 1 Objectives 1.Describe how investing contributes.
Do Now: Make sure you have this definition written down- Consumer sovereignty: Consumers determine through purchases what goods and services will be produced.
Interest Rates There are many interest rates in the economy. Loans vary by their riskiness and by their maturity. Riskier loans and loans for longer maturities.
CIRCULAR FLOW Markets Markets are places that allow for the exchange of money for goods or services. Markets make it easier to obtain goods and services.
Financial Literacy Banks and Credit Unions. Role of a Financial Institution Safe place to put money Investments Loans Help fuel the economy Way to exchange.
Types of Business: Economic Structure. Proprietorship: business with one owner who takes all the risks but gets all of the profit.
INTEREST & RISK OF RETURN Notes. WHAT IS INTEREST?  Interest is money earned on an investment OR the money you pay for borrowing someone else’s money.
Chapter 11 Financial Markets. Saving and the Financial System Saving The act of not spending money Savings Dollar Amount from that non consumptions of.
Credit Ratings: How to Determine Your Score Section 6-6.
What are different ways you can save and invest your money? SS.8.FL.5.1 Describe the differences among the different types of financial assets, including.
 Investment: directing resources from being consumed today in order to prepare for the future. ◦ National Forests ◦ Starting a Business ◦ Using assets.
Summary of the financial intermediation system 1 General Public Companies Government Savers Investors Provide funds Pay returns on those funds.
Chapter 11: Financial Markets Section 1: Saving and Investments pgs
Simple Interest Goal: Students will learn how to complete
Saving, Investment, and the Financial System
6.2 Money and Interest Rates
Saving, Investment, and the Financial System
Saving Money.
FINANCIAL INSTITUTIONS.
CHAPTER 5 The Financial Environment: Markets and Institutions
SOL 12b Economic Flow.
Chapter 11: Financial Markets Section 1
Overview of Financial Management and the Financial Environment
The ABC’s of Money and Banking

Chapter 1 Why Study Money, Banking, and Financial Markets
Financial Institutions
Personal Finance Vocabulary Review.
Financial Institutions
Chapter 12 Money and Financial Institutions
Introduction to Business
Investing There are benefits & risks to savings & investment
Saving, Investment, and the Financial System
Saving and Investing In this lesson, students will be able to identify characteristics of saving and investing. Students will be able to identify and/of.
Research & Interview Summary
17-1 Banks and Other Financial Institutions
Saving, Investment, and the Financial System
Chapter 19 : Lesson 1 Financial Institutions and Your Money
Financial Institutions
Financial Institutions
Ch. 11 Financial Markets.
Financial Unit.
Do Now Activity: If you were old enough to play and win the Powerball Jackpot, what would you do with the money? How would you allocate your funds? JClarke.
Economic Flow/Financial Institutions
Saving, Investment, and the Financial System
C12S1: Savings and the Financial System
Financial Institutions
Banking Chapter 5.
Interest.
SAVINGS AND INVESTMENT
Principles of Macroeconomics
Presentation transcript:

Banking and Private Financial Institutions

Private Financial Institution

MONEY ROCK Dollars and Sense: http://www.youtube.com/watch?v=mV6YaTbNvvE $7.50 Once a Week: http://www.youtube.com/watch?v=GawH48QNDfc Where the Money Goes: http://www.youtube.com/watch?v=N9iZfxElc1A Tax Man Max: http://www.youtube.com/watch?v=OK1t9vFDmXA. Walkin’ on Wall Street: http://www.youtube.com/watch?v=yIZaelw_cHE This for That: http://www.youtube.com/watch?v=J7hNOt2Y0J8 Tyrannosaurus Debt: http://www.youtube.com/watch?v=e0EyKk-a25U The Check’s In the Mail: http://www.youtube.com/watch?v=fjxwVxi8mYU

Complete the Preview activity on your own. Private Financial Institutions: Complete the Preview activity on your own.

Relating to ___________ matters. Private Financial Institutions: Financial= Relating to ___________ matters. money

_______________ established for a particular purpose. Private Financial Institutions: Institution= _______________ established for a particular purpose. organization

One who uses money to make more ___________. Private Financial Institutions: Investor= One who uses money to make more ___________. money

A person who acts as an agent ___________ parties; a middleman. Private Financial Institutions: Intermediary= A person who acts as an agent ___________ parties; a middleman. between

to put into for _______________. Private Financial Institutions: deposit= to put into for _______________. safe-keeping

a charge for the use of ___________. Private Financial Institutions: interest= a charge for the use of ___________. money

Private Financial Institutions: Private financial institutions act as intermediaries between __________ and ______________. Savers Borrowers

Characteristics of Private Financial Institutions:

Private Financial Institutions: Characteristics: Include _______, Savings and ______, and Credit _______ Banks Loans Unions

Characteristics: Receive __________ and make ________. Private Financial Institutions: Characteristics: Receive __________ and make ________. deposits loans

Private Financial Institutions: Characteristics: Encourage saving and investing by paying __________ on deposits. interest

Borrower pays Bank back + interest Private Financial Institutions: Saver Deposits money into the bank Gives loan To borrower Bank Gives Saver Interest in Return *Remember: the bank is a business!* Borrower pays Bank back + interest Borrower

Complete the Processing Activity on your own. Private Financial Institutions: Complete the Processing Activity on your own.