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Warm up 5/13/13 p.250-256 1.What was the purpose of the first bank of the United States? 2.What were three results of the National banking acts of 1863.

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Presentation on theme: "Warm up 5/13/13 p.250-256 1.What was the purpose of the first bank of the United States? 2.What were three results of the National banking acts of 1863."— Presentation transcript:

1 Warm up 5/13/13 p.250-256 1.What was the purpose of the first bank of the United States? 2.What were three results of the National banking acts of 1863 and 1864? 3.Explain the purpose of the Federal Deposit Insurance Corporation (FDIC).

2 Warm up 5/14/13 p. 258-264 1.What is money supply? 2.What is liquidity? 3.What is a demand deposit?

3 Warm up 5/15/13 review 1.What did the federalist’s believe about banking? 2.What occurred during the free banking era? 3.Why is using coins as money easier than using gold bars?

4 Warm up 5/16/13 p.415-418 1.How long has the issue of a central bank been debated? 2.When did congress create the National Monetary Commission? 3.When did congress pass the Federal Reserve Act?

5 Warm up 5/17/13 p. 415-418 1.Who owns the FED? 2.What cities are branches of District 11? 3.How many Federal Reserve District banks are there across the Nation?

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