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Copy of Chapter 10 Section 2: History of American Banking by ryan cash on Prezi

Money as a medium of Exchange 2. Money as a Unit of Account 3. Money as a Store of Value.

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Durability 5. Portability 6.

Divisibility 7. Uniformity 8. Limited Supply 9. Part B Section 2 Part A 1.

Bank runs and panics, wildcat banks, fraud, and many different currencies 3. They gave the federal government the power to charter banks, require banks to hold adequate gold and silver reserves, and issue a single national currency.

It stabilized the currency and gave the public confidence by setting a value of gold per dollar and by requiring the government to issue only as much currency as the amount of gold in the treasury. Part B 7. Section 3 Part A 1.

A category of the money supply that includes all physical money such as coins and currency.

A category within the money supply that includes M1 bankijg addition to all time-related deposits, savings deposits, and non-institutional money-market funds. Storing money 4.

Saving money 5.

Loans 6. Credit Cards 7.

Simple and compound Interest. Commercial Banks 9.

Chapter 10 Section 2: The History of American Banking by Austin Krause on Prezi

Savings and Loan Associations Savings Banks Credit Unions. Commodity Money Jump to. Sections of this page.

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We Survived Ms. Money as a Store of Value 4.

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Acceptability Part B Bxnking category of the money supply that includes all physical money such as coins and currency 2. Simple and compound Interest 8. Credit Unions Part B

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