PPT-Money and Banking Ms. Seguin – Econ 2010/2011

Unbanked Households About 10 million households are unbanked Unbanked Households NonMainstream Financial Services Unbanked households depend on Check cashing outlets Shortterm lenders Payday loans. Ebony Powell. 1055-006. What Is Online Banking?. Online Banking is a way for consumers to quickly and efficiently handle financial transactions without going to their local bank. . In Stephen Rampur’s article, “What is Internet Banking?,” he . Understanding Money, Banking, and Credit . 18 | . 1. Learning Objectives. Identify the functions and characteristics . of money. Summarize how the Federal Reserve System regulates the money supply in order to maintain a healthy economy. Utton. Center Workshop on Water Resilience in a Time of Uncertainty University of New Mexico College of Law. Professor Bonnie Colby . (. bcolby@email.arizona.edu. ). Agricultural & Resource . Economics, University of Arizona. Let’s look at some of the services offered by banks…. Savings Account. : Pays interest, has no maturity date, and from which funds can be withdrawn at any time without penalty.. Checking Account. By: Nathan . Arey. , Jacob Smith, James Hansen, and Collin . Deathrige. Mission Statement . “We put our money where our mouth is, and so should you!” . Main Goals and Objectives:. To protect our customers money. . 1791: The First Bank of the US was established to hold the government’s $$, help the government to tax, regulate commerce, and issue a single currency. 1861: The Second Bank of the US was established to restore stability and order to the monetary system.. Money: . http://. www.econedlink.org/interactives/index.php?iid=189&type=educator. the Fed: . http://www.stlouisfed.org/education_resources/in-plain-english-video/. What Makes Money Important?. LESSON 1 REVIEW QUESTIONS. 1. . WHAT IS THE MAIN THING INVESTMENT BANKS DO?. 2. . WHAT ARE THE 7 MAJOR FUNCTIONS OF INVESTMENT BANKS?. 3. WHAT ARE THE 3 AREAS OF EMPLOYMENT – JOB FUNCTIONS?. LESSON 1 INTRODUCTION REVIEW (. The 1st Bank. Conflicting viewpoints: Hamilton (Sec. of the Treasury) vs. Jefferson. central bank vs. a decentralized banking system. Congress est. the First Bank of the U.S. in 1791, and grants it a 20 year charter. A . product structure to consider.. Khalfan. . Abdallah. -MBA, AFIIBI, CIFE.. Manager Product Development and Shari’ah Compliance –Gulf African Bank. . Main Points.. . Mobile Banking and Mobile Money-An Outlook.. Tim . Slaybaugh. Cyber Incident Analyst. “. Vawtrak. is one of the most dangerous pieces of financial stealing malware detected…”. - . Heimdal. Security. Neverquest. Aka. . Vawtrak. or . Chapter 10. Section 1. Money. is . anything that serves as a medium of exchange, a unit of account . and . a store of value. What is Money?. 1) . Medium . of exchange. - anything that is used to determine value during the exchange of goods and . Pramod. Kumar. Safe in the temple: 18th century BC. In early civilizations a temple is considered the safest place; . It is a solid building, constantly attended, with a sacred character which itself may deter thieves.. Dive into the world of money and banking with this comprehensive guide. Learn about fundamental concepts, common questions, and how money shapes the economy.